Thursday, January 16, 2014

Outlook for 16th January 2014



Market is moving a good uptrend. So as overall trend of the market is still up, the readers who had created long positions on 14th Jan may go on holding them 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 longs in cash market.

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Strong Futures

This is list of 10 Strong Futures: Apollo Tyres, FRL, UPL, TCS, Arvind, HCL Tech, Hexaware, Century Texti, Infosys & BOI

 
Weak Futures

This is list of 10 Weak Futures: Dish TV, Exide Ind, Jubl Food, Ranbaxy, Unitech, Tata Steel, Crompton Grea, Tata Power, M&M Fin & Jai prakash Asso

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