Thursday, March 18, 2010

Outlook for 19th March 2010

Daily trend of the market is up
The trend of the market is still up, so the readers who had created long positions in Nifty bought on 17th February, 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, India Hotels, Idea, JSW Steel, Hindalco, Triveni, ICICI Bank, Sail Ltd, Indusind Bank & Polaris Software.
Weak Futures
This is the list of 10 Weak Futures: Renuka, Balrampur Chini, Bajaj Hind, Nagarjuna Fertil, Tulip, ICSA, Chambal Fert, Hind Petro, Dish TV, IOB
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