Wednesday, August 27, 2014

Outlook for 28th August 2014

Daily trend of the market is Up
After taking a correction market has restarted going up. So as overall trend is still up, the readers who had created longs in 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: Havells, Arvind, Voltas, Dabur,BPCL, Hind Petro, Lupin, Apollo Hospital, Rabaxy, and Cipla.
Weak Futures
This is list of 10 Weak Futures: Unitech, JP Associates, Sun TV, JP Power, Jain Irrigation, Andhra Bank, Jindal Steel, R Power, Adani Power and R Com
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