Tuesday, February 26, 2013

Outlook for 27th February 2013



Market is still continuing its downward movement. Clearing and budget time is approaching. And as overall trend of the market is still down so the readers my stay out of the market and do not create long positions till the trend remains down.

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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: Infy, TCS, Idea, HCL Tech, Sun Pharma, DLF, Wipro, Tech M, NHPC & Mcleodrussl.

Weak Futures

This is list of 10 Weak Futures: Welcorp, Opto Circuit, HDIL, IVRCL Infra, Adani Power, Arvind, Punjlloyd, Finan Tech, Pantaloon R & Ibrealest.

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