Monday, August 25, 2014

Outlook for 26th August 2014

Daily trend of the market is Up
Market is taking some correction but overall 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 still 50%, so the readers who have created long positions 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: Arvind, Aurobindo Pharma, Tata Motor, Cipla, Ranbaxy, Hind Petro, Kotak Bank, Apollo Hospital, Sun Pharma, and Lupin.
Weak Futures
This is list of 10 Weak Futures: Unitech, JP Associates, Sun TV, JP Power, Jain Irrigation, Hindalco, Syndicate Bank, R Power, Ibrealest and R Com
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