Wednesday, December 14, 2011

Outlook for 15 December 2011

Daily trend of the market is down
Market is unable to give a counter rally and is continuing its falls. And as overall trend of the market is down so the readers may stay out of the market and do not create nay long positions till the trend remains down.
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Percentage above support
Percentage of stocks above support is below 50%, so the readers may not create long positions in cash market and wait for the percentage of stocks above support to become more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Wipro, Patni, Mphasis, Alok Ind, TCS, JP Power, Havells, Colpal, Tata Comm & Cipla.
Weak Futures
This is the list of 10 Weak Futures: EKC, VIP Ind, Pantaloon, Sintex, Renuka, BalramPur Ch, Moser Baer, Delta Crop, LITL & HDIL.
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