Tuesday, April 10, 2012

Outlook for 11th April 2012

Daily trend of the market is down
As the market is still down, so the readers may stay out of the market and do not create any long positions in Nifty till the trend remains down.
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Percentage above support
Percentage of stocks above support is above 50%, so the readers who are holding long positions in cash market may hold them till percentage above support remains more than 50% .
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Strong Futures
This is list of 10 Strong Futures: MC Dowell, VIP Ind, Yes Bank, IVRCL Infra, Voltas, Godrej Ind, Tech M, Bata India, Mcleodruss & Unitech
Weak Futures
This is list of 10 Strong Futures: IGL, Opto Circuit, Suzlon, Jindal Steel, BEML, SRE Infra, Praj Ind, GSPL, Sterlite & Sesa Goa.,
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