Monday, March 25, 2013

Outlook for 25th March 2013



Market is moving in a sideways zone and is trying to take support at current level. But as overall trend is still down so the readers may stay out of the market and do not create long position 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: Asian Paints, Lupin, HCL Tech, ITC, Ranbaxy, IGL, GMR Infra, Wipro, TCS & Sun Pharma..

Weak Futures

This is list of 10 Weak Futures: HDIL, IVRCL Infra, Pantaloon R, Welcorp, Sintex, Adani Power, Rcom, Rel Capital, R Power & GVKPIL.

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