Wednesday, August 01, 2012

Outlook for 1st August 2012





Market has closed above its important level and has come in uptrend. So the readers may create long potions in nifty and hold them till the trend remains up.

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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, Grasim, TTK Prestige, MC Dowell, Tata Global, Lupin, Power Grid, Sun Pharma & HCL Tech.

Weak Futures

This is list of 10 Weak Futures: S Kumar, Union Bank, BEML, Adanient, Rcom, IOB, LITL, Welcorp, Escorts & BEL.

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