Wednesday, January 18, 2012

Outlook for 19th January 2012

Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit 19th January between 4 pm till 4.30 pm on programme “Buy/Sell”

Daily trend of the market is up
Market has remained sideways today, but till the overall trend remains up, the readers who had created long positions in Nifty on 10th Jan, may go on holding them.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who are holding long positions in cash market may hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Orbit Corp, Adani, Unitech, Jet Airways, Wel Corp, Rel Capital, HDIL, Bombay Dyeing, Adani Power & Aban Offshore .
Weak Futures
This is the list of 10 Weak Futures: Essar Oil, IGL, Biocon, TCS, EKC, Chambal Fert, Infosys, Gail, Bajaj Auto & Gitanjali..
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