Thursday, July 24, 2014

Outlook for 25th July 2014

Daily trend of the market is up
Market is steadily moving up. So the readers who had created long positions in Nifty on 23rd July may go on holding them till the trend remains in uptrend
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created long positions in cash market on 23rd july may hold them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: Hindalco, Century Tex, IDEA, IDFC, Bharat Forge, TCS, HCL Tech, Asian Paints, Just Dial & Dish TV.
Weak Futures
This is list of 10 Weak Futures: GMR Infra, JP Associate, Sun TV, Cairn, JP Power, Allahabad Bank, IB realest, M&M Fin, Voltas & Apollo Tyres..
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