Tuesday, March 18, 2014

Outlook for 19th March 2014



Market is moving in a sideways consolidation zone. But as overall trend is still up, so the readers who had created long positions in Nifty on 20th Feb may go on holding them till the trend remain up.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 20th Feb may go on holding them till the percentage above support remains more than 50% .

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Strong Futures

This is list of 10 Strong Futures: : Adani Ente, Crompton Grea, BPCL, IndusInd Bank, AdaniPower, DLF, HPCL, Adani Ports , PFC and RECL.

 

Weak Futures

This is list of 10 Weak Futures: Jaiprakash Power, Infosys , SAIL, Sesa Sterlite, Wipro, Tata Steel, Sun Pharma, OFSS, Ranbaxy and Jublfood..

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