Tuesday, December 07, 2010

Outlook for 8th December 2010

Daily trend of the market is down
The market is still very volatile and is still trading at its resistance. So till the trend remains down, the readers may stay out of the market and wait for it to come in uptrend before creating longs position.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Tata Motors, Dish TV, HCL Tech, Cipla, Hindalco, Dr Reddy, Polaris, Jindal Steel, Infosys Tech & Tata Steel
Weak Futures
This is the list of 10 Weak Futures: KS Oils, Orient Bank, India Info, LIC Housing, HCC, ALBK, RCOM, DCHL, Rel Infra & EKC
_________________________________________________________________

Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
________________________________________________________________

No comments: