Monday, March 29, 2010

Outlook for 30th March 2010

Daily trend of the market is up
As the long term trend of the market is still up, so the readers who had created long positions in Nifty 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: Indusind Bank, Hindalco, Hdfc Bank, Sun Pharma, Chennai Petro, Orient Bank, Bajaj Auto, Triveni, Patni & Ambuja Cement.
Weak Futures
This is the list of 10 Weak Futures: Bajaj Hind, Renuka, Tulip, Balrampur Chini, Mphasis, Neyveli Lignite, DCB, Purva, HDIL & KFA
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