Friday, June 28, 2013

Outlook for 28th June 2013



Market has taken a good support and is giving a much needed counter rally. But as overall trend is still  down, so the readers may stay out of the market an  do not creates 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 many not create long positions till the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: Tech M, HCL Tech, Wipro, Reliance, TCS, Infy, Idea, Hexaware, Zeel & Godrej Ind.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, FRL, Apollo Tyres, Jindal Steel, Tata Comm, Chambal Fert, UCO Bank, ALBK, Punjlloyd & JP Associat.

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