Thursday, June 04, 2015

Outlook for 4th June 2015

Daily trend of the market is down
Market is still very volatile. And as overall trend of the market is down, so the readers who had quit their longs on 3rd June may stay out of the market and do not create any long positions till the trend remains down.

Percentage above support Percentage of stocks above support is still below 50%, so the readers who had quit the longs posiitons in cash market on 3rd June may not buy till percentage above support remains less than 50%.

Strong Futures
This is list of 10 Strong Futures: Ajanta Pharma, Dish TV, Hind Petro, Britannia Ind, BPCL, Page Industries, SRF, Jubilant Food, Bharti Airtel & Indiabull Fin..
Weak Futures
This is list of 10 Weak Futures: JP Associates, Jindal Steel & Power, JP Power, Adani Power, Rel Power, Indiabulls Real Estate, HDIL, IFCI, Sun Pharma, Rel Infra..


Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

No comments: