Tuesday, April 02, 2013

Outlook for 3rd April 2013



Market is continuing with its counter rally and if it is able to break the resistance then it may come in uptrend. But till the  trend remains down the readers may stay out of the market and do not create long positions.

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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: Punjlloyd, GMR Infra, Opto Circuits, GSPL, IGL, Adani Ports, Dabur, Dish TV, Sun Pharma & Biocon.

Weak Futures

This is list of 10 Weak Futures: HDIL, Rel Infra, Pantaloon R, Sail, RPower, Hero Motors, Bajaj Auto, Tata Motors, IVRCL Infra & Tata Steel.

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