Wednesday, March 28, 2012

Outlook for 28th March 2012

Daily trend of the market is down
Market is giving much needed counter rally. But till the trend remains down, the readers may not create long positions and stay out of the market.
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Percentage above support
Percentage of stocks above support is below 50%, so the readers may not create any position till the percentage of stocks above support remains less than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: VIP Ind, Yes Bank, Bombay Dyeing, Welcorp, India Cement, Mcleodruss, Voltas, Tech M, Bata India & Unitech.
Weak Futures
This is the list of 10 Weak Futures: NCC, TVS Motor, Renuka, Adanient, HDIL, Finan Tech, DCHL, SRE Infra, Pantaloon & Tata Power
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