Tuesday, January 28, 2014

Outlook for 29th January 2014



Market is continuing with its fall and as overall trend of the market is still down, so the readers may stay away from the market and do not create any 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, so the readers may not create long positions in cash market till the percentage above support remains below 50% .

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Strong Futures

This is list of 10 Strong Futures: Glenmark Pharma, Aurobindo Pharma, HCL Tech, IOC, Apollo Tyres, UBL, Wipro, Dr. Reddy,  Divi Lab & Infosys.

 

Weak Futures

This is list of 10 Weak Futures: Ranbaxy, JP Power, IRB, JP Associate, JSW  Energy, Idea, Siemens, Maruti Suzuki, RECL & M&M Fin

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