Tuesday, November 29, 2011

Outlook for 30th November 2011

u>Daily trend of the market is down
After giving a counter rally market has again become volatile. Market may remain sideways in consolidation zone before making fresh move. But till the trend remains down, the readers may not create long positions till the trend does not come in uptrend ___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Patni, OnMobile, Apollo Tyre, Cipla, Havells, Hind Oil, Zeel, Jet Airways, Raymond & Tata chem.
Weak Futures
This is the list of 10 Weak Futures: Adanient, Suzlon, HDIL, Welcorp, SRE Infra, EKC, Triveni, PTC, FSL & Jindal SWHL.
_________________________________________________________________

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: