Wednesday, September 21, 2011

Outlook for 22nd September 2011

Daily trend of the market is Up
Market is volatile but is still in good uptrend. 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 still above 50%, so the readers who are long in cash stocks may hold them till percentage above support remains above 50%.
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Strong Futures
This is list of 10 Strong Futures: NCC, Arvind, Bombay Dyeing, JP Associat, Finan Tech, Rel Media, VIP Ind, Delta Corp, Educomp & Adanient .
Weak Futures
This is the list of 10 Weak Futures: Bajaj Hind, MC Dowell, SRE Infra, Pantaloon, Opto Circuit, Fortis, Moser Baer, IVRCL Infra, IFCI & Bhel.

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