Wednesday, July 24, 2013

Outlook for 24th July 2013



Market is still continuing with its upward movement, but  as clearing is approaching, so expect it to show sharp movement either side. And as overall trend is still up so the readers may go on holding the longs till the trend remains up.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers may go on holding the longs till percentage above support remains more  than 50%.

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Strong Futures

This is list of 10 Strong Futures: Hexaware Tech, Hind Uni Lvr, Titan, Infosys, Opto Circuits, TCS, TECHM, Abirlanuvo,Reliance Power and Rel cap.

Weak Futures

This is list of 10 Weak Futures: Ashok Leyland, JP Power, Financial Tech,Union Bank , Sintex Industries, Oriental Bank, Punj Lloyd, FRL, SAIL and Unitech.

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