Tuesday, December 13, 2016

Outlook for 14th December 2016


Daily trend of the market is up
Market had come in uptrend on 8th December. So the readers who had created their longs on 9th Dec may go on holding the longs till the trend remains up.

Percentage above support Percentage of stocks above support is now above 50%, so the readers can buy in cash market and may go on holding them till percentage above support remains more than 50%.

Strong Futures
This is list of 10 Strong Futures: Bajaj Finance, Tata Elxsi, IFCI, Bharat Forge, ADANIPOWER, Jindal Steel & Power, MindTree, Engineers India, ONGC, TVS Motor and Karnataka Bank..
Weak Futures
This is list of 10 Weak Futures: Crompton Greaves, IBULHSGFIN, BAJAJ FINANCE, SHRIRAM TRANS FIN, MAHINDRA & MAHINDRA FINA, UltraTech Cement, BHARAT FINANCIAL, Punjab National Bank, BHARTI INFRATEL and Pidilite

Advt: To open account with Best Discount Brokerage Zerodha

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