Sunday, April 05, 2009

Outlook for 6th April 2009

Daily trend of the market is up.
The trend of the market is still up, so it is recommended 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: JSW Steel, Nagar Const, Matrix Labs, Aptech Train, Mah Life, HDIL, Punj Lloyd, Hind Oil Exp, Finan Tech & Kotak Bank
Weak Futures
This is the list of 10 Weak Futures: Wock Pharma, Sterling Bio, Alok Text, Hind Unilvr, Glaxo, IOC, Power Grid, Hinduja Ventures, Hind Petro & ColpalI
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