Monday, November 11, 2013

Outlook for 12th november 2013



Market has broken its support and has come in downtrend. So the readers who are holding longs since 10th October may quit the longs and do not create any long positions still the market remains in downtrend

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers may go on holding longs in cash market.

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Strong Futures

This is list of 10 Strong Futures: Adani Enter, Aurobindo Pharma,Tata Com, India Cemen, Arvind,TechM, Tata Steel,Divi s Lab,Bank of India and CESC

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Weak Futures

This is list of 10 Weak Futures: UBL, Ambuja Cements, United Spirit, RCOM, Axis Bank,Idea, ACC, Dabur,Unitech and IOC

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