Friday, January 02, 2015

Outlook for 3rd January 2015

Daily trend of the market is Up
Today market has shown a very good movment and has come in uptrend. So the readers may create long positons in Nifty and hold them till the trend remains up
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, Andhra Bank, Jindal Steel & Power, IDBI Bank, Adani Port, SKS Micro, IOB, Strides Arcolab, M&M & Exide Industries..
Weak Futures
This is list of 10 Weak Futures: Rel Comm., Bharat Petroleum, Rel Infra, Rel Indus, Bajaj Auto, Jain Irrigation, Cairn India, JSW Steel & Jain Irrigation. Last message received on 02-01-2015 at 15:42.
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