Sunday, May 17, 2009

Outlook for 18th March 2009

Daily trend of the market is up.
It is expected that market will remain positive, so the readers who are long in Nifty since 20th March, may go on holding their longs till the trend remains in uptrend.
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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%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: HTMT Global, Aban, 3I Infotech, Jindal Saw, Yes Bank, Bajaj Hind, Patni, Amtek Auto, Maha Seamles & Bom Dyeing
Weak Futures
This is the list of 10 Weak Futures: ONGC, Essar Oil, Sterlin Bio, Hind uni Lvr, GT Offshore, Biocon, Ambuja Cem, Colpal, NTPC & ITC
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