Sunday, November 04, 2012

Outlook for 5th november 2012



Market is taking a counter rally and is very near to its resistance. Butas overall trend is still down, so the readers who had quit the longs on 31st October may stay out of the market till the trend remains down.

 ___________________________________________________________

 

Percentage above support

Percentage of stocks above support is now above 50% , so the readers may create small positions in deliveries and hold them till  the percentage above support remains above 50%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: KTK Bank, Union Bank, Orient Bank, Aurobindo Ph, IDFC, Titan, M&M, Arvind, Maruti & Godrej Ind.

Weak Futures

This is list of 10 Weak Futures: IRB, Bharat Forg, CESC, GMR Infra, Renuka, Rel Capital, Guj Fluoro, ABB, Bata India & Havells.

_________________________________________________________________

 

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: