Monday, April 22, 2013

Outlook for 22nd April 2013



Market is moving in a good uptrend. So the readers who are holding longs in Nifty may go on holding them till the trend remains up.

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Percentage above support

Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage above support remains more than 50%.

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Strong Futures

This is list of 10 Strong Futures: Rcom, Indusind Bank, JSW Energy, Mc Dowell, Auro Pharma, IDFC, Axis Bank, JP Associat, Unitech & Maruti.

Weak Futures

This is list of 10 Weak Futures: Infy, Mcleodruss, FRL, Welcorp, NMDC, Ofss, Tata Steel, Wipro, Hind Zinc & Tech M.

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