Monday, March 30, 2009

Outlook for 31st March 2009

Daily trend of the market is up.
Today the market has given a correction, but till the trend of market is up, it is receommed that the readers who are long in Nifty since 20th March, may go on holding their longs
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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, S Kumar Syn, Nagar Const, J&K Bank, Unitech, Sasken, Sterlite Tech, Ster, BRFL & Sesa Goa
Weak Futures
This is the list of 10 Weak Futures: Alok Rolta, Alok Text, HTMT Global, IOC, Hinduja Ventures, Network 18, Sterling Bio, Crompton Greaves, Indian Bank & Glaxo
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