Thursday, October 13, 2011

Outlook for 14th October 2011

Daily trend of the market is Up
Market has moved sideways the whole day. But as overall trend of the market is still up, so the readers who are holding longs 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 who are holding longs in cash market may hold them till percentage above support remains above 50%.
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Strong Futures
This is list of 10 Strong Futures: DLF, Tata Motors, Bombay Dyeing, Infy, LIC Housing, Hexaware, Jubilant Food, NMDC, Educomp & Praj Ind .
Weak Futures
This is the list of 10 Weak Futures: Pantaloon, Dhan Bank, Rolta, Sintex, Adanient, GT Offshore, Voltas, SCI, MTNL & Jain Irrigation.

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