Sunday, September 26, 2010

Outlook for 27th September 2010

Daily trend of the market is up
After the correction, market has restarted its upward trend . The trend of majority markets worldwide are also in good uptrend. So as overall trend is still strongly up, the readers who had bought Nifty on 7th September may go on holding the longs 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 longs positions in cash market, may hold them till the percentage of stocks above support remain above 50% ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Jindal SWHL, Hind Uni Lvr, IDBI, Bhushan Steel, Punj Lloyd, Ranbaxy, Maruti, Renuka, DLF & Colpal.
Weak Futures
This is the list of 10 Weak Futures: Finan Tech, BGR Energy, Hind Const, Mcleodruss, Divi'S Lab, Patel Eng, LITL, HDIL, Ibrealest & GT Offshore.
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