Sunday, June 13, 2010

Outlook for 14th June 2010

Daily trend of the market is up
Even though our market is in uptrend but markets world wide are still in downtrend. So it is advisable to remain cautious and not create long positions and stay away from the market.
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Percentage above support
Percentage of stocks above support is now above 50%, so the readers who wish to create positions in cash market may invest with low volumes. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BRFL, RCOM, Recltd, Dr Reddy, TV-18, UCO Bank, Dish TV, Asian Paint, Bajaj Auto & Colpal.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, Punj Lloyd, KS Oils, Suzlon, MTNL, Hindalco, Tata Steel, India Info & MLL.
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