Thursday, August 13, 2009

Outlook for 14th August 2009

Daily trend of the market is Up.
The market after taking the support at 4350 – 4400 levels and is going up so the readers may create long positions in Nifty and hold them till the trend remains in uptrend
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Percentage above support
Percentage of stocks above support is above 50% so the readers may but invest in deliveries and hold them till the trend remains in uptrend
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Strong Futures
This is list of 10 Strong Futures: Jindal Saw, FSL, Patni, Tata Motors, HCL Tech, Bharat Forge, Bhushan Steel, Aurobindo Pharma, HDIL & Cummins India
Weak Futures
This is the list of 10 Weak Futures: Union Bank Of India, Chambal Fert, Divi'S Lab, Suzlon, Federal Bank, Colpal, IOB, Nagarjun Fertil, Dabur India & Hind Uni Lvr.
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