Friday, October 05, 2012

Outlook for 5th October 2012



Market is still continuing with its upward momentum and is unable to take a much needed correction. And as overall trend of the market is still up, so the readers who bought longs on 11th September may go on holding them till the trend remains up.

 ___________________________________________________________

 

Percentage above support

Percentage of stocks above support is still above 50%, so the readers who are long in  deliveries may hold them till  the percentage above support remains above 50%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: NCC, HDIL, MC Dowell, Adanient, KTK Bank, Ibrealest, Adani Power, Rel Capital, JP Associate & Pantaloon.

Weak Futures

This is list of 10 Weak Futures: Hexaware, Apollo Tyres, Cairn, Hero Motors, IFCI, Lupin, Cipla, Power Grid, Coal India & Welcorp.

_________________________________________________________________

 

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: