Sunday, February 20, 2011

Outlook for 21st February 2011

Daily trend of the market is down
Market has take nthe resistanc and again started to come down. And as overall trend is down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
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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: Welcorp, Finan Tech, Yes Bank, LIC Housing, Andhra Bank, Core Protect, Kotak Mahindra, Opto Circuit, SBI & BRFL.
Weak Futures
This is the list of 10 Weak Futures: Unitech, DCHL, Rcom, Patel Eng, Punjlloyd, LITL, Rel Media, BEML, Moser Baer & Orbit Corp.
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