Tuesday, March 16, 2010

Outlook for 17th March 2010

Daily trend of the market is up
Market has come out of its sideways zone and is in a good upward trend. So as 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: Chennai Petro, Educomp, LITL, Sun TV, TCS, Hind Zinc, JSW Steel, Sesa Goa, Hero Honda & Indusind Bank
Weak Futures
This is the list of 10 Weak Futures: Bajaj Hind, Balrampur Chini, Dish TV, Nagarjuna Fertil, ICSA, Chambal Fert, KS Oils, Hind Uni Lvr, Tata Comm & BEML.
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