Thursday, March 01, 2012

Outlook for 2nd March 2012

Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit on 2nd March between 4 pm till 4.30 pm on programme Buy/Sell”

Daily trend of the market is down
Market had come in downtrend on 27th February. So the reader may not create long positions in Nifty and wait for the market to come in uptrend.
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Percentage above support
Percentage of stocks above support is again come above 50%, so the readers may again create positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BGR Energy, IFCI, OFSS, VIP Ind, Rolta, Yes bank, WelCorp, LITL, Welcorp & Godrej Ind.
Weak Futures
This is the list of 10 Weak Futures: MC Dowell, Dish TV, OnMobile, DLF, DCHL, TVS Motor, L&T, Tech M, GSPL & Alok Text.

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