Thursday, March 29, 2012

Outlook for 29th March 2012

Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit on 29th March between 4 pm till 4.30 pm on programme Buy/Sell”

Daily trend of the market is down
After taking the counter rally market has again started falling down. So as the trend is still down, the readers may not create long positions and stay out of the market.
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Percentage above support
Percentage of stocks above support is below 50%, so the readers may not create any position till the percentage of stocks above support remains less than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: VIP Ind, Yes Bank, Welcorp, Bombay Dyeing, Mcleodruss, Voltas, Tech M, India Cement, Bata India & Unitech.
Weak Futures
This is the list of 10 Weak Futures: HDIL, DCHL, TVS Motor, Renuka, NCC, Orient Bank, Hind Oil, Ibrealest, Adanient & Finan Tech
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