Sunday, March 27, 2011

Outlook for 28th March 2011

Daily trend of the market is Up
The counter rally has managed to change the trend of the market to uptrend. So the readers may create longs positions in Nifty and hold them till the trend remains up.
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Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: DCHL, DLF, Chamble Fert, Ambuja Cement, ABB, JP Associate, IDFC, Dish TV, Ashok Ley & ICICI Bank.
Weak Futures
This is the list of 10 Weak Futures: ONGC, Patel Eng, Mphasis, Punjlloyd, Mc Dowell, PTC, Ranbaxy, MLL, Sintex & GE Ship.
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