Sunday, November 08, 2009

Outlook for 9th November 2009

Daily trend of the market is down.
Market is still taking a counterally, but still the trend of the market is down. So it is advisable not to create long positions in Nifty till the trend remains in downtrend and stay away from the market
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Percentage above support
Percentage of stocks above support is below 50%, so is it advisable not to create any fresh long positions in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Ashok Ley, Yes Bank, PTC, Patni, Mphasis, DCHL, Crompton Greaves, Dr Reddy, McDowell-N & Ranbaxy
Weak Futures
This is the list of 10 Weak Futures: EKC, RCom, GMR Infra, Idea, Tata Comm, Suzlon, MLL, ICSA, India Cement & Purva.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
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Thursday, November 05, 2009

Outlook for 6th November 2009

Daily trend of the market is down.
Market is taking a counterally. But overall trend of the market is still down.So it is advisable not to create long positions in Nifty and stay away from the market
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Percentage above support
Percentage of stocks above support is below 50%, so is it advisable not to create any fresh long positions in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: PTC, Ashok Ley, Patni, Dr Reddy, McDowell-N, Lupin, BEL, Asian Paint, Yes Bank & Crompton Greaves
Weak Futures
This is the list of 10 Weak Futures: RCom, Suzlon, Purva, EKC, GMR Infra, Tata Comm, MLL, ICSA, Punj Lloyd & Aban Off shore.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
________________________________________________________________

Wednesday, November 04, 2009

outlook for 5th November 2009

Daily trend of the market is down.
As the market was oversold so as expected the market is taking a counterally but till the trend remains in downtrend it is advisable not to create long positions in Nifty and stay away from the market
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Percentage above support
Percentage of stocks above support is below 50%, so is it advisable not to create any fresh long positions in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Dr Reddy, Asian Paints, Ashok Ley, Crompton Greaves, PTC, Pir Health, Cummins India, Dabur, Colpal & National Alum
Weak Futures
This is the list of 10 Weak Futures: IOC, Suzlon, RCom, GMR Infra, EKC, MLL, Aban Off shore, Punj Lloyd, JP Hydro & Unitech.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
________________________________________________________________

Tuesday, November 03, 2009

Outlook for 4th November 2009

Daily trend of the market is down.
Though the market has now become oversold and may take some counterrally but till the trend remains in downtrend it is advisable not to create long positions in Nifty and stay away from the market
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Percentage above support
Percentage of stocks above support is below 50%, so is it advisable not to create any fresh long positions in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Dr Reddy, Asian Paints, Ashok Ley, Crompton Greaves, PTC, Pir Health, Cummins India, Dabur, Colpal & National Alum..
Weak Futures
This is the list of 10 Weak Futures: IOC, Suzlon, RCom, GMR Infra, EKC, MLL, Aban Off shore, Punj Lloyd, JP Hydro & Unitech.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
________________________________________________________________

Monday, November 02, 2009

Outlook for 3rd November 2009

Daily trend of the market is down.
As the market came in downrend on 27th October, so it is advisable not to create long positions in Nifty and stay away from the market till the trend does not come in uptrend _____________________________________________
Percentage above support
Percentage of stocks above support is below 50%, so is it advisable not to create any fresh long positions in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Crompton Greaves, Balrampur Chini, McDowell-N, Ashok Leyl, Dr Reddy, Yes Bank, PTC, Asian Paints, OFSS & Hind Zinc..
Weak Futures
This is the list of 10 Weak Futures: IOC, EKC, RCom, GMR Infra, RNRL, Suzlon, Punj Lloyd, Nagar Fert, MLL & Bank Of India.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
________________________________________________________________

Tuesday, October 27, 2009

Outlook for 28th October 2009

Daily trend of the market is down.
Today Nifty index has closed below its major trend level and has come in downtrend. So the readers who had been holding their longs in Nifty (bought on 25th August) may now quit them on 28th Oct latest by 10.30 am. Till the trend remains in downtrend it is recommended that no long positions be created in Nifty
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Percentage above support
Percentage of stocks above support is below 50%, so the readers who had invested in deliveries may now quit their holdings and do not create fresh positions go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Balrampur Chini, OFSS, Asian Paints, Mphasis, Dr Reddy, Yes Bank, Tcs, Polaris, Dabur & ITC.
Weak Futures
This is the list of 10 Weak Futures: Punj Lloyd, RCom, Idea, Unitech, Bharti Airtel, GTL Infra, TV-18, JP Hydro, Suzlon & Aban Off shore.
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
________________________________________________________________

Monday, October 26, 2009

Outlook for 27th October 2009

Daily trend of the market is up.
On long term charts market is still above its support and it seems that the market make take the correction till the long term support zone, but the daily trend is still up, the readers who are holding their longs in Nifty (bought on 25th August) may go on holding the long positions till the trend remains in uptrend.
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Percentage above support
Percentage of stocks above support is above 50%, so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Bajaj Hind, Yes Bank, Balrampur Chini, Asian Paints, Indusind Bank, Colpal, Andhra Bank, Dabur, Hind Zinc & Allahabad Bank..
Weak Futures
This is the list of 10 Weak Futures: Punj Lloyd, Idea, RCom, Aban Off shore, Grasim, Unitech, JP Hydro, Bharti Airtel, Suzlon & Hind Petro
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
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