Wednesday, June 27, 2012

Outlook for 28th June 2012



Market is still very volatile and is moving in a very narrow range. 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, Sun TV, Finan Tech, Sobha, Hind Oil, Pir Health, Jet Airways, Educomp, PFC & India Info.

Weak Futures

This is list of 10 Weak Futures: BEML, Tata MTR DVR, Orchid Chem, Jubilant Food, Rcom, Adanient, Idea, Godrej Ind, Bharat Forg & Unitech

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