Thursday, February 25, 2010

Outlook for 25th February 2010

Daily trend of the market is up
Market is still expected to remain volatile. So it is better to let the budget day be over before creating fresh positions in the market..
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Percentage above support
Percentage of stocks above support are below 50%, so it is advisable that the readers do not create fresh long positions in cash market till percentage of stocks above support remains less then 50%.
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Strong Futures
This is list of 10 Strong Futures: Glaxo, JSW Steel, Orient Bank, Pir Health, Infosys Tech, Chennai Petro, HCL Tech, Titan, LT & Hero Honda.
Weak Futures
This is the list of 10 Weak Futures: ajaj Hind, ICSA, EKC, FSL, Dish TV, Renuka, Polaris Software, MLL, Balrampur Chini & Tata Comm.
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