Friday, June 15, 2012

Outlook for 15th June 2012


Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit on  15th June between 4 pm till 4.30 pm on programme Buy/Sell




Market is taking a correction and its first support is very nearby from where it may start moving up again. So 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.

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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, Jet Airways, KTK Bank, Pir Health, India Info, Ambuja Cement, UCO Bank, Hind Oil, GVKPIL & Syndicate Bank.

Weak Futures

This is list of 10 Weak Futures: BEML, OnMobile, Educomp, Opto Circuits, Tata Motors, Orchid Chem, Adanient, Suzlon, Tata MTRDVR & Praj Ind.

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