Tuesday, February 10, 2015

Outlook for 10th February 2015

Daily trend of the market is down
Market has broken its major support level and has come in downtrend, So the readers who had been holding longs since 16th January may now quit them and stay out of the market till the tren remains down
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may not create long poisitons in cash market till the percentage above support remains below 50%.
Strong Futures
This is list of 10 Strong Futures: HDIL, Wockhardt, HCL Tech., UPL, Siemens, Wipro, Adani Enterprises, Hexaware, Sun TV & Infosys.
Weak Futures
This is list of 10 Weak Futures: OBC, UBI, Apollo Tyres, BOI, PNB, Rel Infra, BOB, Rel Comm., IOB & AmtekAuto.
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