Wednesday, October 16, 2013

Outlook for 17th October 2013



Market has touched its first resistance from where a small correction may come. But as overall trend is up, so the readers who had bought on 10th October may go on holding them till the trend remains up.

___________________________________________________________

 

Percentage above support

Percentage of stocks above support is still above 50%, so the readers may go on holding longs in cash market.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: PTC, Tata Comm, JP Power, Tata Motors, Tech Mahindra, Karnataka Bank, Fedral Bank, Arvind, Adani Port & TCS.

Weak Futures

This is list of 10 Weak Futures: IOC, Finan tech, Hind Petro, NHPC, OPTO Circuits, Coal india, Apollo typre, PNB, Hind Uni Lvr & Kotak Bank.

.

_________________________________________________________________

 

Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

________________________________________________________________

No comments: