Daily Newsletter giving a quick update on the stock market and a few 'Golden Words' of advice. Do leave your comments on the post for a better discussion. Also give us your suggestions through Contact Us Form.
Tuesday, July 01, 2014
Outlook for 2nd July 2014
Daily trend of the market is up
Market is moving in a good uptrend. So till the trend remains up, the readers who had created long positions in Nifty on 9th May, may go on holding them.
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: Bharat Forge, IRB Infra, Century Tex, Dish TV, IGL, CESC, Unitech, Tata Communicate, Syndicate Bank & Arvind.
Weak Futures
This is list of 10 Weak Futures: United Spirit, Reliance Ind, UBL, IDEA, ZEEL, Adani Enterpris, ITC, Bharti Airtel, Kotak Mahindra & Reliance Com.
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