Thursday, August 27, 2009

Outlook for 28th August 2009

Watch our Analyst (Neera Jain) discuss various stocks at CNBC Awaaz on 28th August between 11 am till 12.30 pm on programme “Sauda Aapka"
Daily trend of the market is up.
Today market moved slowly and the clearing was over is a very smooth manner. Tomorrow is the first day of new clearing. And ss the daily trend of nifty is still up so the readers who have created long positions in Nifty may go on holding the long positions till the trend remains in uptrend.
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Percentage above support
Percentage of stocks above support is above 50% , so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Aban Off shore, Ansal Infra, DCHL, Purva, Bhushan Steel, Orchid Chem, India Bulls Retail, HCL Tech, FSL & Polaris Software
Weak Futures
This is the list of 10 Weak Futures: Sesa Goa Ltd, Hind Uni Lvr, India Cements, Dabut India, Tata Steel, ACC Ltd, Colpal, Federal Bank, Hind Petrol & Canara bank..
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