Tuesday, October 09, 2012

Outlook for 10th October 2012


Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit on  10th October between 4 pm till 4.30 pm on programme Buy/Sell

 


Market is still taking a correction and trading near its major support level from where market can restart its upward move. 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: NCC, Ibrealest, KTK Bank, MC Dowell, HDIL, JSW Energy, Rel Capital, Aurobindo Ph, Sintex & NHPC.

Weak Futures

This is list of 10 Weak Futures: Apollo Tyres, Hexaware, Hero Motors, Wipro, Coal India, TCS, PEL, Mcleodruss, Lupin & Cairn.

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