Tuesday, August 26, 2014

Outlook for 27th August 2014

Daily trend of the market is Up
Market is takistill continuing with its 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, Havells, Voltas, Ranbaxy ,BPCL, Cipla, Lupin, Apollo Hospital, Sun Pharma, and Aurobindo Pharma.
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 Sun TV
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