Friday, September 14, 2012

Outlook for 14th September 2012



Market is moving up and now has reached its first resistance. But as overall trend of the market is still up, so the readers who bought longs on 11th September may go on holding them till the trend remains up.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers who are long in  deliveries may hold them till  the percentage above support remains above 50%.

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Strong Futures

This is list of 10 Strong Futures: Polaris, Core Education, Tata MTR DVR, Tech M, Finan Tech, Hexaware, Apollo Tyre, Godrej Ind, Petronet & Rolta.

Weak Futures

This is list of 10 Weak Futures: Alok Text, Praj Ind, Patel Eng, Jain Irrigation, S Kumars, IFCI, NCC, Sesa Goa, Jindal Steel & LITL.

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