Monday, September 03, 2012

Outlook for 3rd September 2012



After a small bounce the market has again started falling. And as over all trend is down, so the readers may stay out the market and do not create any long positions till the trend remains down.

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Percentage above support

Percentage of stocks above support still below 50%, so the readers may not create any long positions in deliveries till  the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: MC Dowell, Shri Ram Transport, Biocon, TCS, Cipla, OFSS, Apollo Tyre, Ranbaxy, GSPL & Finan Tech.

Weak Futures

This is list of 10 Weak Futures: IFCI, Alok Text, S Kumars, Jain Irrigation, JP Power, Ibrealest, HDIL, R Power, TTML & Adanient.

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