Thursday, June 11, 2009

Outlook for 12th June 2009

Daily trend of the market is up.
The marker is strongly going up 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%..
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Strong Futures
This is list of 10 Strong Futures: Tech M, Bajaj Hind, Satyam Comp, Bindal Agro, JP Hydro, Voltas, Auro Pharma, Wel Guj,NIIT Ltd.
Weak Futures
This is the list of 10 Weak Futures: Geship, SBIN, CESC, Gail, PNB, Sterlin Bio, BPCL, Star, Hind Petro & Canara Bank
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