Wednesday, June 27, 2012

Outlook for 27th June 2012



Market is very volatile and is near its support. 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 above 50%, so the readers who are holding longs in deliveries 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: HDIL, Finan Tech, SunTV, Educomp, Jet Airways, Hind Oil, Pir Health, Sobha, NCC & Hind Petro.

Weak Futures

This is list of 10 Weak Futures: Orchid Chem, Adanient, BEML, Bharat Forg, Jubilant Food, Godrej Ind, HCL Tech, Rcom, Adani Power & Idea

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