Sunday, March 02, 2014

Outlook for 3rd March 2014



Market is moving in a good uptrend, so the readers wo had created long poisitons 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: Apollo Tyres, JP Power, Voltas, PFC, CESC, Aurobindo Pharma, Adani Ports, Tata Motors, PTC India & Siemens.

 Weak Futures

This is list of 10 Weak Futures: NTPC, Hindustan Zinc, Unitech, Steel Authority, India Bulls, BOI, Tata Steel, RCOM, SSLT & Coal India.
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