Saturday, December 08, 2012

Outlook for 10th December 2012



Market goes on consolidating but again resumes its upward movment. So as overall trend of the market is up, so the readers who had bought nifty on 29th November may go on holding 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 who had created positions in deliveries may hold them till the percentage above support remains above 50%.

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Strong Futures

This is list of 10 Strong Futures: Unitech, Pantaloon, JP Power, KTK Bank, Adani Power, Punjlloyd, IFCI, RCOM, Adanient & JP Associate..

Weak Futures

This is list of 10 Weak Futures: Hexaware, Opto Circuit, NMDC, Bhushan Steel, Tech M, INFY, TCS, Bharat Forge, Ranbaxy & NTPC.

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