Friday, July 27, 2012

Outlook for 27th July 2012



Market has fallen till its first support and now a counter rally is expected. But as overall trend of the market is 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 below 50%, so the readers may not create any positions in deliveries till percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: MTNL, Zeel, Mcleodruss, Ambuja Cement, HCL Tech, Tata Comm, Divis Lab, Glaxo, Ultra Tech Cement & Dish TV.

Weak Futures

This is list of 10 Weak Futures: S Kumar, LITL, GVKPIL, BEML, Adanient, HCC, Patel Eng, Ashok Leyland, Delta Corp & Rcom.

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