Sunday, August 24, 2014

Outlook for 25th August 2014

Daily trend of the market is Up
Market had moved sideways but over all trend is still up. So the readers who had created long in 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: Cipla, Hind Petro, Ranbaxy, Union Bank, BPCL, Hind Petro, India Chemical, M&M, Sun Pharma, and Arvind.
Weak Futures
This is list of 10 Weak Futures: Unitech, JP Associates, Sun TV, JP Power, Jain Irrigation, RECL, Syndicate Bank, R Power, Ibrealest and GMR Infra
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