Tuesday, October 23, 2012

Outlook for 23rd October 2012


Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit on  23rd  October between 4 pm till 4.30 pm on programme Buy/Sell

 


Market is still in a sideways zone, a break on either side with take the market is that direction. But till overall trend of the market remains up, the readers who bought longs on 11th September may go on holding them.

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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: KTK Bank, JP Power, JP Associate, Aurobindo Ph, MC Dowell, Axis Bank, Godrej Ind, Century Text, Canara Bank & Syndicate Bank.

Weak Futures

This is list of 10 Weak Futures: Hexaware, Uniphos, GMR Infra, Alok Text, Wipro, Exide Ind, Dish TV, Gail, DLF, LIC Housing.

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