Sunday, June 10, 2012

Outlook for 11th June 2012



The market moving in a good uptrend, so the the readers who bought nifty in 8th June may go on hold in the longs till the trend remains up.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers who created  long positions in deliveries on 8 the June may go on holding them till percentage above support remains more than 50%.

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Strong Futures

This is list of 10 Strong Futures: S Kumars, Delta Corp, Indian Info, Pantaloon R, Zeel, Rel Capital, Dena Bank, Core Education, Jet Airways & LT.

Weak Futures

This is list of 10 Weak Futures: BEML, OnMobile, Nagar Oil, Tata Motors, Orchid Chem, Suzlon, Educomp, Indian Bank, Adanient & Adani Power.

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