Monday, November 24, 2014

Outlook for 25th November 2014

Daily trend of the market is up
Market is moving in a good uptrend. So the readers who had created long positons in Nifty on 31str Oct may go on holding them till the trend remains in uptrend
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 31st October may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: LIC Housing Finance, RECL, JSW Energy,Eicher Motors,SBI, Karnataka Bank, Kotak Bank, Bharat Forge, United Breweries and Aurobindo Pharma
Weak Futures
This is list of 10 Weak Futures: NMDC, Jindal Steel & Power, India Cements, IOc, TVS Motor, Sesa Sterlite, Godrej Industries, GMR Infra, Jaiprakash Asso and ONGC.
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