Sunday, March 18, 2012

Outlook for 19th March 2012

Daily trend of the market is Up
Market is very volatile and is moving in a very small range. But till it remains in uptrend the readers who had created long positions in 14th March 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 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: VIP Ind, Yes Bank, Welcorp, Voltas, Bombay Dyeing, CESC, Unitech, Uniphos, Jindal Saw & Balrampur Ch..
Weak Futures
This is the list of 10 Weak Futures: Adanient, NMDC, Biocon, DCHL, OnMobile, Essar Oil, TTML, Pantaloon R, SCI & Educomp.

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