Tuesday, January 01, 2013

Outlook for 1st January 2013


Happy New year 2013 to all our readers

 


Market is still unable to come out of its small sideways zone. But till overall trend of the market remain up, so the readers who had bought nifty on 29th November 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 had created positions 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: Pantaloon, Bank Of India, Colpal, MRF, Arvind, Tata Motors, Allahabad Bank, Union Bank, Federal Bank & Idea.

Weak Futures

This is list of 10 Weak Futures: Hexaware, JP Power, Bharat Forge, IGL, RPower, Petronet, Tata Global, IRB, Dish TV & Ambuja Cement.

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