Thursday, June 14, 2012

Outlook for 14th June 2012



Market is moving in a sideways zone, it seems that it may take some correction before moving up again. And as the long term trend is still up, the readers who bought nifty in 8th June may go on holding the longs till the trend remains up.

 ___________________________________________________________

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%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: Jet Airways, Hind Oil, S Kumars, India Info, GVKPIL, UCO Bank, PFC, Pantaloon R, LT & Dena Bank.

Weak Futures

This is list of 10 Weak Futures: BEML, OnMobile, Opto Circuit, Orchid Chem, Educomp, Adanient, Suzlon, Tata Motors, Adani Power & Godrej Ind.

_________________________________________________________________



Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

________________________________________________________________                    


No comments: