MARKET OUTLOOK for 12th Feb 2013.

Monday, 11 February 2013 ·

Daily trend of the market is down

Market is still continuing its downward movement and its first support is nearby from where a small counter rally is expected. But as overall trend of the market is still down, so the readers may stay out of the market and wait for it to come in uptrend.

Percentage above support

Percentage of stocks above support is still below 50%, so the readers may not create long positions in cash market till the percentage above support remains below 50%.

Strong Futures

This is list of 10 Strong Futures: Suzlon, Adani Ports, NHPC, TCS, PFC, DLF, Havells, Axis Bank, Zeel & MC Dowell.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, JP Associat, Jain Irrigation, UCO Bank, Guj Fluoro, KTK Bank, ALBK, Finan Tech & JP Power.

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Monday, 11 February 2013

MARKET OUTLOOK for 12th Feb 2013.

Daily trend of the market is down

Market is still continuing its downward movement and its first support is nearby from where a small counter rally is expected. But as overall trend of the market is still down, so the readers may stay out of the market and wait for it to come in uptrend.

Percentage above support

Percentage of stocks above support is still below 50%, so the readers may not create long positions in cash market till the percentage above support remains below 50%.

Strong Futures

This is list of 10 Strong Futures: Suzlon, Adani Ports, NHPC, TCS, PFC, DLF, Havells, Axis Bank, Zeel & MC Dowell.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, JP Associat, Jain Irrigation, UCO Bank, Guj Fluoro, KTK Bank, ALBK, Finan Tech & JP Power.

MARKET OUTLOOK for 12th Feb 2013.

  • Posted: 19:41
  • |
  • Author: TRUST CAPITAL

Daily trend of the market is down

Market is still continuing its downward movement and its first support is nearby from where a small counter rally is expected. But as overall trend of the market is still down, so the readers may stay out of the market and wait for it to come in uptrend.

Percentage above support

Percentage of stocks above support is still below 50%, so the readers may not create long positions in cash market till the percentage above support remains below 50%.

Strong Futures

This is list of 10 Strong Futures: Suzlon, Adani Ports, NHPC, TCS, PFC, DLF, Havells, Axis Bank, Zeel & MC Dowell.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, JP Associat, Jain Irrigation, UCO Bank, Guj Fluoro, KTK Bank, ALBK, Finan Tech & JP Power.

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