Sunday, December 04, 2011

Outlook for 5th December 2011

Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit 5th December between 4 pm till 4.0 pm on programme “Buy/Sell”

Daily trend of the market is Up
Market has come in uptrend but faces resistance at every small levels. The readers can create long positions in nifty and hold them till the trend remains 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, PFC, MRF, Pantaloon, Apollo Tyre, OnMobile, Tata Motors, TCS, RECLTD & Hindalco.
Weak Futures
This is the list of 10 Weak Futures: Renuka, HDIL, Suzlon, Welcorp, Moser Baer, KS Oils, Delta Corp, FSL, BRFL & Jindal SWHL.
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