Sunday, March 14, 2010

Outlook for 15th March 2010

Watch our Analyst (Neera Jain) discuss Nifty and other stocks at CNBC Awaaz on 15th March between 1.30 pm till 2 pm on programme “Vayda Se Fayda
Daily trend of the market is up
It seems that now as the sideways consolidation is over, that the market will continue its upward momentum. So as the trend of market is still up, so the readers who have created long positions in Nifty may 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 who have created long positions in cash stocks may hold them till percentage of stocks above support remains more than 50%.
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Strong Futures
This is list of 10 Strong Futures: Hero Honda, Hind Zinc, Pir Health, LITL, Siemens, M&M, ICICI Bank., Jindal Saw, HDFC & Ambuja Cement
Weak Futures
This is the list of 10 Weak Futures: Renuka, Balrampur Chini, Bajaj Hind, Hind Uni Lvr, Chambal Fert, ICSA, Dish TV, BPCL, Nagarjuna Fertil & Pantaloon Retail.
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