Wednesday, October 15, 2008

Market Outlook

NIFTY give a 14% bounce back from low and then fall again, still very weak you can see 3116 NIFTY in couple of days.
It will give any bounce back after that will be calculated then only.

Relative strength Analysis shows :
Stronger ----> Weaker (SENSEX as base)
H.C->OIL->PSU->BANK->AUTO->SENSEX->I.T->MIDCAP->SMALLCAP->C.D-METALS->REALITY.

List of relatively strong stocks will be issue later........

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