Wednesday, June 01, 2011

Outlook for 2nd June 2011

Daily trend of the market is up
As the market is in uptrend so the readers who have created long positions in Nifty may go on holding 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 are holding long positions in cash market may go on holding them till the percentage of stocks above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Mundra Port, EKC, Asian Paints, FSL, JP Power, Dish TV, Ranbaxy, Bata India, Raymond & Dabur.
Weak Futures
This is the list of 10 Weak Futures: DCHL, Jindal Saw, BEML, Pir Health, Tata Motors, NCC, Sun Tv, KS Oils, Core Protect & PFC.
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