Wednesday, March 13, 2013

Outlook for 13th March 2013



Market has moved up and reached its next resistance. Market is expected to consolidate at current level. But as overall trend is still up so the readers who bought on 11th March may go on holding the longs till the trend remains up.

___________________________________________________________

 

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: Hexaware, HCL Tech, IGL, Asian Paints, DLF, Jub Food, GMR Infra, TCS, MC Dowell & Sun Pharma.

Weak Futures

This is list of 10 Weak Futures: Welcorp, NHPC, IVRCL Infra, Finan Tech, JP Power, IFCI, JSW Steel, Unitech, Rel Infra & Titan.

_________________________________________________________________

 

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: