Thursday, July 23, 2009

Outlook for 24th July 2009

Daily trend of the market is up.
After giving a correction market has restarted the rally. So the readers who are long in Nifty bought on 16th July may go on holding them till the trend does not turn to down. ______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% so the long term investors who have created positions in deliveries may hold them till the percentage support remains more than 50%

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Strong Futures
This is list of 10 Strong Futures: DCHL, Aurobindo Pharma, Sesa Goa, Maruti, Jindal Steel, Punj Llyod, GSPL, HCL Tech, DLF & Lupin
Weak Futures
This is the list of 10 Weak Futures: Pantaloon, Chambal Fert, PTC, Prchid Chem, IOC, Sterlin Bio, Nagar Fert , K S Oil & LIC
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