Monday, February 04, 2013

Outlook for 5th February 2013


Market has broken its support and has come in downtrend. So the readers who were holding longs in nifty since 29th November may now quit them and stay out of the market till the trend remains down.
___________________________________________________________
 
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%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Suzlon, Sun TV, DLF, Adani Ports, IOC, NHPC, Asian Paint, BPCL, Axis Bank & PFC.
Weak Futures
This is list of 10 Weak Futures: HDIL, Opto Circuits, IVRCL Infra, JP Associate, Hexaware, Adani Power, Andhra Bank, Dena Bank, ALBK & Ranbaxy.
_________________________________________________________________
 
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
________________________________________________________________

No comments: