Tuesday, September 07, 2010

Outlook for 8th September 2010

Daily trend of the market is up
Market is moving in a good uptrend, though it is expected to consolidate at current levels. But the readers who have created long positions may go on holding them till the trend remains up.
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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: Apollo Tyre, KFA, Ruchi Soya, BEML, Godrej Ind, Ambuja Cement, ACC, DISH TV, Ultra Cem & Guj Mineral.
Weak Futures
This is the list of 10 Weak Futures: Hero Honda, Chennai Petro, Sesa Goa, KS Oils, Orbit Corp, Hind Const, Punj Lloyd, RCOM, Nagar Cont & Ivrcl Infra.
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