Wednesday, November 07, 2012

Outlook for 8th november 2012



Market has convincingly crossed its resistance and has come in uptrend, so the readers may create long positions in nifty and hold them till the trend remains up.

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Percentage above support

Percentage of stocks above support is still above 50% , so the readers may hold their positions in deliveries till  the percentage above support remains above 50%.

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Strong Futures

This is list of 10 Strong Futures: Union Bank, KTK Bank, Auro Pharma, Orient Bank, MC Dowell, Yes Bank, Titan, Cipla, Finan Tech & IDBI Tech.

Weak Futures

This is list of 10 Weak Futures: CESC, Cromp Greav, Bharat Forg, Guj Fluoro, Wipro, IRB, Bata India, Voltas, ABB & GSPL.

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