Daily trend of the market is Up
Market is volatile and sideways. If it is able to cross the present resistance then we may see good upward move. And as overall trend of the market is still up, the readers who had bought nifty on 29th 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: IOC, Infy, ONGC, Hind Petrol, DLF, Hcl Tech, Idea, Bank Of India, Bharti Airtel & Unitech.
Weak Futures
This is list of 10 Weak Futures: MC Dowell, Bata India, Punj Loyd, JP Associate, JP Power, Welcorp, Voltas, Hindalco, Bhushan Steel & Tata Global.p
Market Outlook for 18th January 2013
Thursday, 17 January 2013
Market Outlook for 18th January 2013
Market is volatile and sideways. If it is able to cross the present resistance then we may see good upward move. And as overall trend of the market is still up, the readers who had bought nifty on 29th 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: IOC, Infy, ONGC, Hind Petrol, DLF, Hcl Tech, Idea, Bank Of India, Bharti Airtel & Unitech.
Weak Futures
This is list of 10 Weak Futures: MC Dowell, Bata India, Punj Loyd, JP Associate, JP Power, Welcorp, Voltas, Hindalco, Bhushan Steel & Tata Global.p
Market Outlook for 18th January 2013
- Posted: 21:18
- |
- Author: TRUST CAPITAL
Daily trend of the market is Up
Market is volatile and sideways. If it is able to cross the present resistance then we may see good upward move. And as overall trend of the market is still up, the readers who had bought nifty on 29th 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: IOC, Infy, ONGC, Hind Petrol, DLF, Hcl Tech, Idea, Bank Of India, Bharti Airtel & Unitech.
Weak Futures
This is list of 10 Weak Futures: MC Dowell, Bata India, Punj Loyd, JP Associate, JP Power, Welcorp, Voltas, Hindalco, Bhushan Steel & Tata Global.p
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