Market Outlook for 10th Jan 2013

Thursday, 10 January 2013 by TRUST CAPITAL ·

Daily Trend of the Market is Up

Market is again correcting and its first support is also nearby. So as overall trend of the market is still up, the readers who had bought nifty on 29^th November may go on holding them.

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Percentage Above Support

Percentage of stocks above support is still above 50%, so the readers who had created positions in deliveries may hold them till the percentage above support remains above 50%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: Hindustan Petro, Jain Irrigation, GVK Power, Bank Of India, MRF, Unitech, Idea, Pantaloon, RCOM & IFCI.

Weak Futures

This is list of 10 Weak Futures: Titan, Bhushan Steel, Hexaware, LT, Ambuja Cement, ITC, Divis Lab, Raymond, Orient Bank & Hind Uni Lvr.

Thursday, 10 January 2013

Market Outlook for 10th Jan 2013

Daily Trend of the Market is Up

Market is again correcting and its first support is also nearby. So as overall trend of the market is still up, the readers who had bought nifty on 29^th November may go on holding them.

___________________________________________________________

Percentage Above Support

Percentage of stocks above support is still above 50%, so the readers who had created positions in deliveries may hold them till the percentage above support remains above 50%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: Hindustan Petro, Jain Irrigation, GVK Power, Bank Of India, MRF, Unitech, Idea, Pantaloon, RCOM & IFCI.

Weak Futures

This is list of 10 Weak Futures: Titan, Bhushan Steel, Hexaware, LT, Ambuja Cement, ITC, Divis Lab, Raymond, Orient Bank & Hind Uni Lvr.

Market Outlook for 10th Jan 2013

Posted: 02:05
|
Author: TRUST CAPITAL

Daily Trend of the Market is Up

Market is again correcting and its first support is also nearby. So as overall trend of the market is still up, the readers who had bought nifty on 29^th November may go on holding them.

___________________________________________________________

Percentage Above Support

Percentage of stocks above support is still above 50%, so the readers who had created positions in deliveries may hold them till the percentage above support remains above 50%.

________________________________________________________________ __

Strong Futures

This is list of 10 Strong Futures: Hindustan Petro, Jain Irrigation, GVK Power, Bank Of India, MRF, Unitech, Idea, Pantaloon, RCOM & IFCI.

Weak Futures

This is list of 10 Weak Futures: Titan, Bhushan Steel, Hexaware, LT, Ambuja Cement, ITC, Divis Lab, Raymond, Orient Bank & Hind Uni Lvr.