Wednesday, April 25, 2012

Outlook for 26th April 2012

<u>Daily trend of the market is down</u>
As clearing is approaching so expect market to given unexpected  movmemts. And as the daily trend is down the readers 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, MC Dowell, Uniphos & IVRCL Infra.
<u>Weak Futures</u>
This is list of 10 Weak Futures: LITL, HCC, India Cement, Idea, JSW Energy, Petronet, India Info, Delta Corp, RPower & Suzlon.
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