Wednesday, February 11, 2009

Outlook for 12th February 2009

Daily trend of the market is Up.
The readers may go on holding their longs in Nifty and deliveries till the trend of the market remains in uptrend.
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Percentage above support
Percentage of stocks above support is now above 50% .So one can go long in deliveries and hold till the the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures : WWIL, Renuka, Amtek Auto, BEML, Sesa Goa, Polaris, GE Ship, Ansal Infra, Nagar Fert & Maruti
Weak Futures
This is the list of 10 Weak Futures: DLF, Aban, GDL, HDIL, Network 18, Jindal Saw, KPIT, Tulip,Omaxe & Bajaj Hind
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