Wednesday, June 06, 2012

Outlook for 6th June 2012



Market is still very volatile but a counterrally is still expected. And 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.

 ___________________________________________________________

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%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: S Kumars, Dena Bank, Mcleodruss, Divis Lab, IGL, SBI, UCO Bank, Adani Ports, Bank of India & BF Utilities.

Weak Futures

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

_________________________________________________________________



Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

________________________________________________________________                    


No comments: