Wednesday, February 20, 2013

Outlook for 20th February 2013



Market is taking a counterrally but till the overall trend remains down the readers may not create long positions and stay out of the market.

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Percentage above support

Percentage of stocks above support is still below 50%, so the readers may not create long positions in cash market till the percentage above support remains below 50%.

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Strong Futures

This is list of 10 Strong Futures: Sun Pharma, Mcleodruss, NHPC, TCS, Tech M, DLF, Adani Ports, HCL Tech, ONGC & Infyl.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, Adani Power, Finan Tech, IVRCL Infra, Jindal Steel, unitech, LIC Hsg, Siemens & Rel Capital.

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