Wednesday, September 04, 2013

Outlook for 4th September 2013



Market touched its major resistance and from there it has again started coming down. And as the trend is down, so the readers may stay away from the market and do not create long positions till the trend does not come in uptrend.

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Percentage above support

Percentage of stocks above support is still below 50%, so the readers may not create long poisitons and stay away till percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: Sesa Goa, Ranbaxy, Hexaware, Tata Steel, HCL Tech, Tech M, TCS, Wipro, Bharat Forge & Arvind.

Weak Futures

This is list of 10 Weak Futures: Finan Tech, Federal Bank, Axis Bank, Yes Bank, IDFC, PNB, Andhra Bank, Canara Bank, Bank India & Adanient.

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