Monday, June 03, 2013

Outlook for 4th June 2013



Market has fallen till  its first support from where a small counter rally is expected. 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: Adani Power, United Phos, Jain Irrigati, Havells, United Spirit, CESC, Tata Motors , Infosys, COALINDIA and Reliance Comm..

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, Housing Devel, Ranbaxy Lab, India Ceme, DLF, Punj Lloyd , IVRCL, Tata Com, Unitech and JPPOWER.

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