Tuesday, July 02, 2013

Outlook for 2nd July 2013



Market has broken its important resistance level and has come in uptrend. So the readers may create long positions in Nifty and hold them till the trend remains up.

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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: Rcom, Adanient, IFCI, Reliance, Rel Capital, Hexaware, DR Reddy, Zeel, HDFC & Gail.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, FRL, ALBK, IRB, Ranbaxy, PFC, JP Power, Jindal Steel, Jain Irrigation & JP Associat.

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