Monday, March 04, 2013

Outlook for 4th March 2013



Market is expected to take a small counter rally from current levels . But till overall trend of the market is remains down the readers may 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: Tech M, TCS, Infy, Hexaware, Titan, Sun Pharma, HCL Tech, Idea, Wipro & Mcleodruss.

Weak Futures

This is list of 10 Weak Futures: Pantaloon, Opto Circuit, IVRCL Infra, HDIL, NHPC, Unitech, Rcom, Adani Power, Siemens & Finan Tech.

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