Monday, June 18, 2012

Outlook for 18th June 2012



After touching its first support market has become healthy again. So are 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: Ambuja Cement, S Kumars, Pir Health, Jet Airways, KTK Bank, Syndicate Bank, Hind Oil, PFC, Rel Infra & NCC.

Weak Futures

This is list of 10 Weak Futures: , OnMobile, Opto Circuit, Educomp, Orchid Chem, Adanient, Suzlon, Mphasis, Praj Ind, & Godrej Ind.

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