Monday, December 02, 2013

Outlook for3rd December 2013



Market has closed above its important resistance level and has come in uptrend. So the readers may now make long positions in Nifty and hold the longs till the trend remains in uptrend

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Percentage above support

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

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Strong Futures

This is list of 10 Strong Futures: Voltas, Adani Enterpris, Aurbindo Pha, Jsw Energy, Jp Associcate, Crompton Greav, Arvind, BHEL, HDIL & Tata Comm

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Weak Futures

This is list of 10 Weak Futures: Sun TV, Exide Ind, GMR Infrastruct, Hexware Techno, Titan Ind, Cipla, Bajaj Auto, Hindustan Zinc, Unitech & Power Grid

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