Sunday, November 25, 2012

Outlook for 26th November 2012



As the trend of the market is still down so the readers who has quitted the longs on 16th November may still stay away from the market and do not create any long positions till the trend does not come in uptrend.

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Percentage above support

Percentage of stocks above support is now below 50% , so the readers may now quit their longs in deliveries and do not create any long positions till in deliveries till the percentage above support is below 50%.

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Strong Futures

This is list of 10 Strong Futures: MC Dowell, KTK Bank, Sun TV, Bharti Artl, Ashok Ley, Zeel, M&M, RCOM, Mcleodruss & NHPC.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, GMR Infra, Sintex, Voltas, India Cement, Renuka, Hexaware, Guj Fluoro, NMDC & Bharat Forge.

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