Thursday, July 05, 2012

Outlook for 4th July 2012



Market is still moving in a sideways zone and as it has become overbought, so expect some correction in coming days. But as the long term trend is still up, the readers who bought nifty in 8th June may go on holding them.

 ___________________________________________________________

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%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: JSW Ispat, STR Tech, Dish TV, HDIL, Punjlloyd, Idea, Voltas, Sintex, Bajaj Hind & LITL.

Weak Futures

This is list of 10 Weak Futures: OnMobile, Tata MTR DVR, Apollo Tyre, Hind Uni Lvr, Tata Motors, Cairn, Ruchi Soya, Core Education, Wipro & Yes Bank.

_________________________________________________________________



Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

________________________________________________________________                    


No comments: