Tuesday, October 11, 2011

Outlook for 12th October 2011

Daily trend of the market is Up
Market has remained sideways the whole days but as overall trend of the market is still up,so the readers who are holding longs in Nifty may go on holding them till the trend remains up.
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Percentage above support
Percentage of stocks above support is still below 50%, so it is advisable for the readers to not to create long positions till percentage above support remains below 50%.
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Strong Futures
This is list of 10 Strong Futures: Bombay Dyeing, Tata Motors, Educomp, DLF, IDFC, JP Associat, Tata Mtrdvr, Arvind, Praj Ind & ACC .
Weak Futures
This is the list of 10 Weak Futures: Nagar Fert, Rolta, Dhan Bank, KFA, Adanient, Sintex, Voltas, DCB, SCI & Pantaloon.

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