Tuesday, March 13, 2012

Outlook for 14th March 2012

Daily trend of the market is Up
Market has broken its resistance and has come in uptrend. The readers may now create long positions in Nifty and hold them till market remains in uptrend.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who bought cash stocks on 7th March may go on holding the longs till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Voltas, Bombay Dyeing, VIP Ind, LITL, Yes Bank, GMR Infra, Welcorp, RPower, GVKPIL & Havells.
Weak Futures
This is the list of 10 Weak Futures: Biocon, Adanient, Pantaloon R, OnMobile, Educomp, TVS Motor, M&M, Finan Tech, Essar Oil & Cipla..

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