Wednesday, May 30, 2012

Outlook for 31st May 2012



Market is becoming volatile and is taking resistance so may fall down again. So till daily trend remains down the readers may stay out of the market and do not create any long positions and wait for the trend to turn to up.

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Percentage above support

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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Strong Futures

This is list of 10 Strong Futures: S kumars, Jubilant Food, Divis Lab, Tech M, Ranbaxy, Ambuja Cement, Asian Paint, SBI, GMDCLTD & HCL Tech..

Weak Futures

This is list of 10 Weak Futures: NCC, IVRCL Infra, Nagar Oil, Orchid Chem, OnMobile, BEML, Tata Motors, ALBK, Educomp & IRB.

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