Tuesday, September 20, 2011

Outlook for 21st September 2011

Daily trend of the market is Up
After taking correction market has restarted its upward movement . So the readers who are holding longs in nifty may go on holding 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 fresh long positions in cash market and hold them till percentage above support remains above 50%.
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Strong Futures
This is list of 10 Strong Futures: Delta Crop, KS Oils, Finan Tech, Educomp, JP Associate, NCC, Rel Media, Tata Motors, Arvind & JSW Energy. .
Weak Futures
This is the list of 10 Weak Futures: MC Dowell, Bajaj Hind, Pantaloon, SRE Infra, Opto Circuit, IVRCL Infra, Fortis, Exide Ind, Balrampur Ch & Bhel.

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