Monday, June 14, 2010

Outlook for 15th June 2010

Daily trend of the market is up
Our market is moving in a good uptrend. So even though inter national markets are still in downtrend, risky traders may create long positions in Nifty and hold them till the trend remains up.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RNRL, RCOM, Dish TV, Nagarjuna Const, TV-18, R Power, BRFL, Rel Infra, UCO Bank & Rel Capital.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, Punj Lloyd, Suzlon, MTNL, KS Oils, DLF, MLL, Tata Steel & India Info.
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