Monday, September 17, 2012

Outlook for 17th September 2012



Market is moving is a good uptrend and has broken its first resistance very convincingly.  And 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: Tata Motors, Tata MTR DVR, MTNL, Delta Corp, Polaris, Adanient, Idea, Core Education, VIP Ind & Tech Mahindra.

Weak Futures

This is list of 10 Weak Futures: Text, Praj Ind, Jain Irrigation, S Kumars, Patel Eng, IFCI, TTML, Pir Health, Crompton Greave & BEL.

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