Wednesday, September 05, 2012

Outlook for 5th September 2012



Market may give a small counter rally from here. But as overall trend is still down, so the readers may stay out the market and do not create any long positions till the trend remains down.

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Percentage above support

Percentage of stocks above support still below 50%, so the readers may not create any long positions in deliveries till  the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: MC Dowell, Exide Ind, Auro Pharma, Biocon, Balrampur Ch, Ranbaxy, Aban, MTNL, Cipla & Petronet.

Weak Futures

This is list of 10 Weak Futures: IFCI, S Kumars, Alok Text, Patel Eng, Jain Irrigation, JP Power, Bombay Dyeing, Pantaloon R, GVKPIL & NCC.

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