Wednesday, August 20, 2014

Outlook for 21st August 2014

Daily trend of the market is Up
Market is trying to take a correction. But as overall trend is still up so the readers who had created long si n Nifty on 18th august may go on holding them till the trend remains in uptend
Percentage above support
Percentage of stocks above support is now 50%, so the readers who have created long poiositons in cash market may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: Voltas, Tata Motor, BPCL, Glenmark, Sun Pharma, Apollo Hospital, Cipla, Arvind, Aurobindo Pharma and Hind Petro.
Weak Futures
This is list of 10 Weak Futures: Unitech, JP Associates, Sun TV, JP Power, Jain Irrigation, Andhra Bank, Syndicate Bank, R Power, Ibrealest and RCOM
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