Tuesday, November 22, 2011

Outlook for 23rd November 2011

Daily trend of the market is down
Market has become oversold, so expect a couter rally from here. Till the trend of the market remains down the readers may not create long positions and stay away from the market.
___________________________________________________________
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%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Patni, Cipla, OnMobile, KFA, Apollo Tyre, PFC, Hind Uni Lvr, Havells, Wipro & Hero Motorsi.
Weak Futures
This is the list of 10 Weak Futures: Suzlon, Renuka, Adanient, VIP Ind, PTC, SRE Infra, Triveni, IFCI, EKC & HDIL.

_________________________________________________________________

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: