Thursday, October 25, 2012

Outlook for 25th October 2012



Market is still trading in a sideways zone, but  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, Aurobindo Ph, JP Associate, Godrej Ind, Axis Bank, Syndicate Bank, Adanient, LT & Century Text.

Weak Futures

This is list of 10 Weak Futures: GMR Infra, Exide Ind, Hexaware, Renuka, Dish TV, Voltas, Alok Text, Suzlon, Wipro & Gail.

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