Tuesday, January 24, 2012

Outlook for 25th January 2012

u>Daily trend of the market is down
Market has moved up very well but as clearing is approaching so expect market to be volatile.ation zone. 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%
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Strong Futures
This is list of 10 Strong Futures: IVRCL, Orbit Corp, NCC, Suzlon, IRB, UCO Bank, Unitech, HDIL, Adanient & ABB.
Weak Futures
This is the list of 10 Weak Futures: Dish TV, IGL, Ruchi Soya, Tulip, United Spirits, TCS, Hexaware, Infosys, Gail & Dabur.
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