Wednesday, March 25, 2009

Outlook for 26th March 2009

Daily trend of the market is up.
Market is still continuing its rally but as the clearing is approaching, volatility is expected.
As the trend of market is up, so the readers who are long in Nifty since 20th March, may go on holding the longs till the trend of the market remains in uptrend ______________________________________________
Percentage above support
Percentage of stocks above support is above 50% .Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: Matrix Labs, India Info, BRFL, Biocon, Ster, GMR Infra, Wel Guj, Unitech, Voltas & Reliance
Weak Futures
This is the list of 10 Weak Futures: Alok Text, Crompton Greaves, Rolta, Moser Baer, Glaxo, IOC, Network 18, Allahabad Bank, Amtek Auto & Hind Petro
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