Wednesday, December 05, 2012

Outlook for 5th December 2012



Market has given a good run up and it may consolidate in a sideways zone for some time. But as overall trend is up ,so the readers who are holding longs in nifty may 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 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, MC Dowell, KTK Bank, Pantaloon, JP Power, RCOM, Auro Pharma, Suzlon, IFCI & Aditya Birla.

Weak Futures

This is list of 10 Weak Futures: Opto Circuit, NMDC, NTPC, Tata Comm, Tech M, Hind Petro, Hero Motors, Bhushan Steel, Mphasis & GMR Infra..

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