Tuesday, June 23, 2015

Outlook for 24th June 2015

Daily trend of the market is up
Market is moving in a good uptrend. So the readers who had created their longs on 22nd June may go on holding the longs till the trend remains up.

Percentage above support Percentage of stocks above support is still above 50%, so the readers who had bought in cash market on 22nd June may go on holding them till percentage above support remains more than 50%.

Strong Futures
This is list of 10 Strong Futures: Bajaj Finance,IOC, Glenmark Pharma, Engineers India, Arvind Limited, Karnataka Bank , Reliance, Just Dial, LIC Housing Finance and HPCL.
Weak Futures
This is list of 10 Weak Futures: Jindal Steel & Power, JP Associates, Adani Power, Kaveri Seed, Reliance Power, Tata Motors, IFCI, Tata Motors DVR, AmtekAuto and HDIL.


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