Wednesday, June 20, 2012

Outlook for 21st June 2012



Market is moving very slowly but as the long term trend is still up, the readers who bought nifty in 8th June may go on holding them.

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Percentage above support

Percentage of stocks above support is still below 50%, so the readers may not create  any long positions in deliveries till percentage above support remains below 50%.

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Strong Futures

This is list of 10 Strong Futures: Pir Health, Ambuja Cement, Pantaloon R, Hind Oil, NCC, Indian Info, Jet Airways, GVKPIL, ACC & Sun TV.

Weak Futures

This is list of 10 Weak Futures: OnMobile, Orchid Chem, BEML, Adanient, Suzlon, Opto Circuit, Adani Power, Godrej Ind, Unitech & Apollo Tyre

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