Wednesday, March 11, 2015

Outlook for 12th March 2015

Daily trend of the market is down
Market has broken its support and has come in downtrend. So the readers who had been holding longs since 16th Feb may now quit the longs and stay out of the market.
Percentage above support
Percentage of stocks above support is now below 50%, so the readers may quit the longs in cash market and do not create any longs till the percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Wockhardt, Strides Arcolab, Ashok Leyland, Siemens, Bharti Airtel, Lupin, Ranbaxy, Bharat Forge, Jindal Steel & Power & Colpal..
Weak Futures
This is list of 10 Weak Futures: Just Dial, Hindalco, Tata Steel, BOI, Cairn, SAIL, Apollo Tyres, ITC , PTC India & Aditya Birla.
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