Friday, November 18, 2011

Outlook for 18th November 2011

Daily trend of the market is down
Market is unable to take support and is continuing the fall.So till the trend of the market remains down the readers may not create long positions and stay away from the market.
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Percentage above support
Percentage of stocks above support is still below 50%, so the readers may not create longs in deliveries till percentage above support remains below 50%.
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Strong Futures
This is list of 10 Strong Futures: Patni, KFA, Havells, Hind Uni Lvr, Cipla, PFC, Hind Oil, Idea, Cairn & Apollo Tyre.
Weak Futures
This is the list of 10 Weak Futures: EKC, VIP Ind, KS Oils, Triveni, Aurobindo Ph, Educomp, Sintex, HDIL, SRE Infra & PAurobindo Ph, Triveni, Suzlon, S kumars, EKC, Adanient, KS Oils, Sintex, Educomp & PTC.

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