Thursday, November 24, 2011

Outlook for 25th November 2011

Daily trend of the market is down
As expected market is giving a much needed counter rally. But 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, Apollo Tyre, KFA, OnMobile, Pantaloon, Cipla, Bank Of India, Havells, Raymond & Hind Uni Lvr.
Weak Futures
This is the list of 10 Weak Futures: Renuka, Suzlon, Triveni, EKC, NCC, Adanient, PTC, Welcorp, Jindal SWHL & HDIL.

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