Thursday, July 19, 2012

Outlook for 20th July 2012



Market is taking a much  a counter rally, but as overall trend of the market is still down, so the readers may stay out of the market and do not create any longs positions till the trend remains down.

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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: MC Dowell, TTK Prestige, Dish TV, Mcleodruss, KTK Bank, Divis Lab, Voltas, ICICI Bank, Balram Pur Chini & TVS Motor

Weak Futures

This is list of 10 Weak Futures: , Adani Power, Union Bank, BEML, Guj Fluoro, Tata Motors, Adani Port, Polaris, Infy & Maruti.

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