Tuesday, January 08, 2013

Outlook for 9th January 2013



After consolidating the market has restarted going up. So as overall trend of the market is still up,  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: IFCI, RCOM, Unitech, Jain Irrigation, Pantaloon, Hind Petro, Allahabad Bank, Idea, Bank Of India & Andhra Bank.

Weak Futures

This is list of 10 Weak Futures: Titan, LT, Divis Lab, Hexaware, MC Dowells, Ambuja Cements, HDFC Bank, Raymond, ITC & Lupin.

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