Monday, November 18, 2013

Outlook for 19th november 2013




Market is taking a strong counter rally and is trading at its first resistance which if crossed then market may come in uptrend. But till the trend remain down the reader may stay away from the market and do not create any long positions

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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,Bank of India, Arvind Limited, Aurobindo Pha, Tata Steel ,Tata Communicat, The India Cemen, UCO Bank, Divi s Lab and Tech M

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Weak Futures

This is list of 10 Weak Futures: UBL,Sun TV, Hexaware, Tata Global ,Ashok Leyland, CoalInda, Dabur, GAIL,Cipla and Exide Indus

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