Wednesday, March 03, 2010

Outlook for 4th March 2010

Daily trend of the market is up
Market is moving in a good uptrend 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 upport remains more than 50%.
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Strong Futures
This is list of 10 Strong Futures: Tata Motors, Orient Bank, Sesa Goa, Indusind Bank, Hindalco, Mcdowell-N, Pir Health, Sterling Biotech, JSW Steel & Dena Bank
Weak Futures
This is the list of 10 Weak Futures: Renuka, Chambal Fert, Bajaj Hind, FSL, BPCL, Tata Comm, BEML, ICSA, Tech Mahindra & Polaris Software.
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