Tuesday, April 24, 2012

Outlook for 25th April 2012

<u>Daily trend of the market is down</u>
Market is still very volatile and is unable to settle down. So as the daily trend ios down the nreaders may then stay out of the market and so not create any long positions till the trend remain down.
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<u>Percentage above support</u>
Percentage of stocks above support is still below 50%, so the readers may not create any long positions till percentage above support remains less than 50% .
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<u>Strong Futures</u>
This is list of 10 Strong Futures: VIP Ind, Yes Bank, Voltas, Tech M, Bata India, Mcleodruss, Unitech, Ranbaxy, Uniphos & Hexaware.
<u>Weak Futures</u>
This is list of 10 Weak Futures: LITL, Idea, JSW Energy, Rel Capital, HCC, Infy, Polaris, India Cement, Suzlon & Adanient.
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