MARKET OUTLOOK FOR 8th FEB 2013

Thursday, 7 February 2013 ·

Daily trend of the market is down

Market has becomes somewhat oversold and may take a small counter rally from here. But as overall trend of the market is down, so the readers may stay out of the market and wait for it to come in uptrend.

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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, PFC, DLF, Zeel, IOC, NHPC, Sun TV, TCS & MC Dowell.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, IVRCL Infra, JP Associat, ALBK, UCO Bank, JP Power, Jain Irrigation, Raymond & Andhra Bank.

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Thursday, 7 February 2013

MARKET OUTLOOK FOR 8th FEB 2013

Daily trend of the market is down

Market has becomes somewhat oversold and may take a small counter rally from here. But as overall trend of the market is 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, PFC, DLF, Zeel, IOC, NHPC, Sun TV, TCS & MC Dowell.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, IVRCL Infra, JP Associat, ALBK, UCO Bank, JP Power, Jain Irrigation, Raymond & Andhra Bank.

MARKET OUTLOOK FOR 8th FEB 2013

  • Posted: 19:44
  • |
  • Author: TRUST CAPITAL

Daily trend of the market is down

Market has becomes somewhat oversold and may take a small counter rally from here. But as overall trend of the market is 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, PFC, DLF, Zeel, IOC, NHPC, Sun TV, TCS & MC Dowell.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, HDIL, IVRCL Infra, JP Associat, ALBK, UCO Bank, JP Power, Jain Irrigation, Raymond & Andhra Bank.

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