Sunday, July 31, 2011

Outlook for 1st August 2011

Daily trend of the market is down
Market is still in downtrend. So the may stay away from the market and do not create long positions till the trend remains down.
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Percentage above support
Percentage of stocks above support is still below 50%, so it is advisable not to create long positions will the percentage above support remains below 50%
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Strong Futures
This is list of 10 Strong Futures: Hexaware, Idea, Petronet, Bharti Artl, Bata India, TTML, MTNL, Pantaloon, Rcom & Hotel Leela.
Weak Futures
This is the list of 10 Weak Futures: LITL, Adanient, Orchid Chem, BGR Energy, JP Associate, Ibrealest, Adani Power, Canara Bank, Voltas & JSW Steel.
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