Sunday, March 21, 2010

Outlook for 22nd March 2010

Watch our Analyst (Neera Jain) discuss Nifty and other stocks at CNBC Awaaz on 22nd March between 1.30 pm till 2 pm on programme “Vayda Se Fayda”
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: Triveni, Indusind Bank, Chennai Petro, India Hotels, JSW Steel, Wel Guj, BEL, DCHL & Sesa Goa.
Weak Futures
This is the list of 10 Weak Futures: Balrampur Chini, Bajaj Hind, Renuka, Hind Petro, Tulip, BPCL, KS Oils, Moser Bear, Dish TV & Nagarjuna Ferti
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