Outlook for 1st January 2009

Daily trend of the market is Up.
Happy New year to all.
The trend of market is still up, so the readers might be long in Nifty Futures and also in deliveries. We plan to go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 again then it will become negative for the market.
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Percentage above support
Percentage above support are above 50% .So readers may be long in deliveries bought on 31st December
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Strong Futures
This is list of 10 Strong Futures: Bajaj Hind, NDTV, Matrix Lab, Auro Pharma, Renuka, Jet Airways, Aptech, Triveni, Balram Chini & GMR Infra.
Weak Futures
This is the list of 10 Weak Futures: Bhushan Steel, Rolta, Jindal Saw, Finan tech, Aban, TVS Motor, HCL Tech, Satyam, GT Offshore & Sterlin Bio
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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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Outlook for 31st December 2008

Daily trend of the market is Up.
The market decisively closed above 2900 and the percentage above support is also above 50%. One can go long in deliveries as well as in Nifty.
Markets are remaining volatile and is giving very fast buy and sell signals . But we do not know when these signals ,may turn into decisive signal either side. So if trading has to be done then every signal has to be taken.
If Nifty spot closes below 2900 again then it will become negative for the market.
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Percentage above support
Percentage above support are now again above 50% .So Fresh investment can be done in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Matrix labs, Jet Airways, Bajaj Hind, Aptech, Auro Pharma, Renuka, Suzlon, Sun TV, Balram Chini & Patel eng.
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Rolta, Redington, TVS Motors, Aban, HCL tech, GT Offshore & Finan Tech
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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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Outlook for 30th December 2008

Daily trend of the market is Up.
Our Indian market is moving in a sideways consolidation zone.
World markets are showing some strength due to fall in Dollar Index. ______________________________________________
Percentage above support
Percentage above support came above 50% on 15th December but on 26th December it has again come below 50%. We recommend not to invest fresh in the market till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Matrix labs, Bajaj Hind, Aptech training, Jet Airways, Patel Eng., Cairin, Suzlon, GMR Infra, Grasim & Oswal Chem
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Rolta, GT Offshore, Jindal Saw, TVS Motors, M&M, Redington, HCL Tech & Hotel Leela
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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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Outlook for 29th December 2008

Daily trend of the market is Up.
Our Indian market is unable to go up.On Friday Nifty spot has closed below 2900 Nifty spot, so we assume that the readers have quit their long positions created previously on 11th December.
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Percentage above support
Percentage above support came above 50% on 15th December but on 26th December it has again come below 50%. We recommend to quit the previously bought deliveries and do not invest fresh in the market till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Matrix Labs, Bajaj Hind, Jet Airways, Patel Eng, Aptech Training, Hind Petro, Auro Pharma, Renuka, Amtek Auto & Purva
Weak Futures
This is the list of 10 Weak Futures: Satyam, Jindal Stainless, Roltas, Bhushan Steel, Birla Crop, Hotal Leela, Jindal Saw, Redington, HCL Tech & GT Offshore.
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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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Outlook for 26th December 2008

Daily trend of the market is Up.
Our Indian market is moving in a sideways consolidation zone. If the market closes below 2900 Nifty spot, then we you may quit your longs as then the market will again come in downtrend. The behavior of Indian market and the world markets on Wednesday was a bit of caution as they aree unable to go up.
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Percentage above support
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes down below 50%
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Strong Futures
This is list of 10 Strong Futures: Aptech Training, Bajaj Hind, Matrix labs, Auro pharma, hind petro, Suzlon, DLF, NDTV & Uniphos
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Redington, Roltas, Jindal Saw, GT Offshore, TVS Motors, Nucleus, Strides Arcolab & CMC.
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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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Outlook for 24th December 2008

Daily trend of the market is Up.
The failure of Dow to close above the 9000 levels remains a cause of concern to the world markets.
Our Indian market is moving in a sideways consolidation zone. But as the markets are in uptrend so we presume that the readers are long in Nifty Futures bought at 2952 (approx.) on 11th December . You may go on holding the longs till the markets remains in uptrend.
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Percentage above support
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes down below 50%
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Strong Futures
This is list of 10 Strong Futures: Bajaj Hind, Matrix Labs, DLF, Patel eng., HDIL, Balram Chin, GMR Infra, Amtek Auto, Aptech & Biocon
Weak Futures
This is the list of 10 Weak Futures: Satyam, J Stainless, Bhushan Steel, Redington, Roltas, Jindal Saw, GT Offshore, Nucleus & BRFL
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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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Outlook for 23rd December 2008

Daily trend of the market is Up.
Market is moving in a sideways consolidation zone. But as the markets are in uptrend so we presume that the readers are long in Nifty Futures bought at 2952 (approx.) on 11th December . You may go on holding the longs till the markets remains in uptrend.
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Percentage above support
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes down below 50%
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Strong Futures
This is list of 10 Strong Futures: HDIL,DLF LIMITED,Matrix,Patel Engineerin,PURVA,Unitech Ltd,EDUCOMP SOLUTION,Oswal Chem,Aptech Training,SUZLON.
Weak Futures
This is the list of 10 Weak Futures: Jindal Stainless,Satyam Compu,Birla Corp,Bhushan Steel,Rolta,,REDINGTON,Jindal Saw, Vsnl Ltd., Nucleus, Sterling Biotech
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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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Outlook for 22nd December 2008

Daily trend of the market is Up.
The markets are in uptrend and we presume that the readers are long in Nifty Futures bought at 2952 (approx.) on 11th December . You may go on holding the longs till the markets remains in uptrend.
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Percentage above support
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes down below 50%
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Strong Futures
This is list of 10 Strong Futures: HDIL, Oswal Cem, Patel Eng, Purva, HCC, DLF, Bajaj Hind, Jet Airways, Unitech & Matrix Labs.
Weak Futures
This is the list of 10 Weak Futures: J Stainless, Satyam, Birla Corp, Bhushan Steel, Roltas, Redington, Jindal Saw, GT Offshore, Sterlin Bio & Strides Arcolab
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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 Fuuser on account of the use of information provided on the website or email.
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Outlook for 19th December 2008

Daily trend of the market is Up.
Today the market has closed above the psychological level of 10000 Sensex and 3000 Nifty. One may go on holding the longs till the trend does not change to down

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Percentage above support
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes down below 50%
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Strong Futures
This is list of 10 Strong Futures: Bindalagro, HDIL, Bajaj Hind, Pateleng, Ambuja Cem, ICICI Bank, Edu Comp, Neyveli, Indian infoline & Shree Cem
Weak Futures
This is the list of 10 Weak Futures: J Stainless, Satyam, Birla Jute, Bhushan Steel, Roltas, Jindal Saw, Redington, BRFL, G T Offshore & Voltas
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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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Outlook for 18th December 2008

Daily trend of the market is Up.
The markets took a strong reaction from the psychological level of 10000 Sensex or 3000 Nifty and it seems that they are likely to consolidate before they go up. One may go on holding the longs till the trend does not change to down

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Percentage above support
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes down below 50%
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Strong Futures
This is list of 10 Strong Futures: Oswal Chem,HOUSING DEV & IN,Bajaj Hind.,Patel Engineerin,Grasim Inds.,STERLITE TECHNOL,Shr.Cements,Ndtv Ltd,GE Ship, Jindal Steel & Po
Weak Futures
This is the list of 10 Weak Futures: Bajaj Au.Ltd,Satyam Compu,Bhushan Steel,Rolta,BOMBAY RAYON FAS,Jindal Saw,REDINGTON,Financial Techno,GREAT OFFSHORE and Rel.Capital
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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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Outlook for 17th December 2008

Daily trend of the market is Up.
Our readers may be long in Nifty Futures bought at 2952 (approx.) on 11th December. Technically market is in uptrend and so as per the trend you may go on holding the longs till the trend remains in uptrend.

Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes below 50%.
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Strong Futures
This is list of 10 Strong Futures: Bajaj Hind, HDIL, STR Tech, Bindal Agro, Wej Guj, Patel Eng, AmbujaCem, IFCI, Amtek Auto & GE Ship..
Weak Futures
This is the list of 10 Weak Futures: Bhushan Stl, Redington, Rolta, Bharat Forg, HCL Tech, TCS, Satyam Comp, Jindal Saw, Infosys Tech & Abb
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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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Outlook for 16th December 2008

Daily trend of the market is Up.
Our readers may be long in Nifty Futures bought at 2952 (approx.) on 11th December. Technically market is in uptrend and so as per the trend you may go on holding the longs till the trend remains in uptrend.

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Percentage above support
Percentage above support is now above 50% (today it is 61%) so we recommend to invest in deliveries at current level.
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Strong Futures
This is list of 10 Strong Futures: GE Ship, IFCI, Bindal Agro, Bajaj Hind, RNRL, HDIL, LITL, Nagar Const, NDTV & JP Associate..
Weak Futures
This is the list of 10 Weak Futures:J Stainless, Birla Jute, Satyam, Bhusan Steel, HCL Tech, Redington, Rolta, Bharat Forg, TCS & Finan Tech
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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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Outlook for 15th December 2008

Daily trend of the market is Up.
Our readers may be long in Nifty Futures bought at 2952 (approx.) on 11th December. Technically market is in uptrend and you may go on holding the longs till the trend remains in uptrend.

Dollar index has fallen and the Commodities are going up. Rupee is rising which will give confidence to the FIIs to start investing in Indian Stock Market.
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Percentage above support
Percentage above support is still below 50% (today it is 47%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: NDTV, JPAssociat, RNRL, DLF, Hindujaven, Jindal Steel, RCom, Tata Steel, Nagar Const & IVRCL Infra
Weak Futures
This is the list of 10 Weak Futures: Bhusan Steel, Rolta, HCL Tech, Redinton, Financial Tech, Bharat Forg., Ashok Leyl, Jindal Saw Ltd, GT Offshore & Uni Phos_____________________________________________
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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Outlook for 12th December 2008

Daily trend of the market is Up.
We assume that the readers have bought Nifty at today’s opening of the market at around 2952.
Dollar index has fallen and the Commodities are going up. Rupee is rising which will give confidence to the FIIs to start investing in Indian Stock Market.
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Percentage above support
Percentage above support is still below 50% (today it is 44%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: NDTV, RNRL, JP Associates,,Jindal Steel & Po,Sterlite Ind,Nagarjuna Constr,TATA STEEL,Ivrcl, RELINFR, PFC
Weak Futures
This is the list of 10 Weak Futures: Bhushan Steel, REDINGTON,,Rolta,ANSAL PROP,HCL Technologies,Havells India,PURAVANKARA PROJ,Financial Techno,Jindal Saw,BOMBAY RAYON
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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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Outlook for 11th December 2008

Daily trend of the market is Up.
Nifty has closed above the technical level of 2800, which has triggered a buy signal for the Nifty Index. One may create buying positions in the market.

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Percentage above support
Percentage above support is still below 50% (today it is 40%) so we recommend that no delivery should be bought at current levels.

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Strong Futures
This is list of 10 Strong Futures: NDTV, Nagar Const, Tisco, IDFC, DLF, Jindal Steel, Ambuja Cement, Escort, LITL & LIC
Weak Futures
This is the list of 10 Weak Futures: Jindal Saw, Great Offshore, BRFL, Havells, Tulip, Ansal Infra, Rolta, Purva, Redington & Bhushan Steel
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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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Outlook for 10th December 2008

Daily trend of the market is down.
Dow has closed above its resistance level of 8800 which has given a technically uptrend signal to Dow. We can also view more positive signals emerging world wide. We are seeing a fall in Dollar Index and a corresponding rise in Commodities. A rally in Asian Markets can be observed. There have been lots of negative news emerging, but they are unable to bring the markets down.
Now some unanswered questions are –
-Whether the worst is over? (This is a billion Dollar question)
-US Recession started in December 2007, but was realized only in December 2008. So will the people realize in December 2009 that the recession was over in January 2008 ?
-A bull run is followed by a bear run, so now is the cycle of bear run over?

Technically speaking the U S Markets seem to have bolltomed out but one cannot buy without having stoplosses

A decisive closing above 2800 Nifty Index will trigger a short term uptrend . If Nifty index closes above 2800, then buying positions may be created in the market
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Percentage above support
Percentage above support is still below 50% (today it is 24%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: NDTV, BEL, Nagar Const, LIC, DR.Reddy, Jindal Steel, Sun TV, TTML, NTPC & IDFC
Weak Futures
This is the list of 10 Weak Futures: Jindal Saw, Havells, Voltas, M&M, Rolta, Tulip, Ansal Infra, BRFL, Purva & Bhushan Steel
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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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Outlook for 8th December 2008

Daily trend of the market is down.
The RBI Repo rate and Reverse Repo rate cut followed by the Indian Government package on Sunday might open the markets higher, and also US Markets had closed strong on Friday.
A decisive closing above 2800 Nifty Index might trigger a short term uptrend . So buying may be done if nifty closes above 2800
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Percentage above support
Percentage above support is still below 50% (today it is 20%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: NDTV, BEL, Andhra Bank, CESC, Sun TV, Dr.Reddy, Jindal Steel, IVRCL Infra, Nagar Const & TTML
Weak Futures
This is the list of 10 Weak Futures: M&M, Tulip, Jindal Saw, Havells, Voltas, Uni Tech, BRFL, Ansal Infra, Bhushan Steel & 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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Outlook for 5th December 2008

Daily trend of the market is down.
Today the Indian Markets went up on news of big package coming. European Governments are reducing the interest rates one after the other, governments across the world are bringing out fresh packages to revive the economy . So now if Dow closes above its resistance of 8900 – 9000 then we can expect a big rally coming in
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Percentage above support
Percentage above support is still below 50% (today it is 28%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Sun TV, Andhra Bank, LIC, Nagarjuna Constr, CESC, IVRCL Infrast, Dr. Reddy's, NDTV, IDFC & Bharat Petro
Weak Futures
This is the list of 10 Weak Futures: BRFL, BEML, M&M, Voltas, Suzlon, Unitech, Havells, Ansal Infra, Bhushan Steel & 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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Outlook for 4th December 2008

Daily trend of the market is down.
Market is moving in a sideways consolidation zone. We are waiting for the market to come in uptrend before we create any long position
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Percentage above support
Percentage above support is still below 50% (today it is 12%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Sun TV, Andhra Bank, Dr.Reddy, IVRCL Infra, CESC, BPCL, Glaxo, Hind Petro, TTML & LIC Hous. Fin
Weak Futures
This is the list of 10 Weak Futures: M&M, Tulip, Voltas, Havells, Suzlon, BRFL, Bhushan Steel, Ansal Infra, Unitech & 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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Outlook for 3rd December 2008

Daily trend of the market is down.
After the news that US Markets are in recession since December 2007, US markets fell sharply the previous day. Along with that the other world markets came down but today Europe recovered. If US Markets along with world markets are able to go up from here then they would be discounting the bad news and would be considered positive.
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Percentage above support
Percentage above support is still below 50% (today it is 12%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Dr.Reddy, Andhra Bank, Glaxo, Hind. Petro, Tata Teleserv, Sun TV Ltd., NTPC, MPHASIS & CESC
Weak Futures
This is the list of 10 Weak Futures: Jet Airways, Tulip, United Phosph, BRFL, Havells, Bhushan Steel, Suzlon, Ansal Prop & Infra, Purava & 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.
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Outlook for 2nd December 2008

Daily trend of the market is down.
The market is bearish and becomes volatile every now and then.We will have to wait till market comes in uptrend before creating any long positions
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Percentage above support
Percentage above support is still below 50% (today it is 11%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Andhra Bank, BPCL, TTML, TCS, IOC, Dr.Reddy ,Glaxo, Dabur, Network 18 , NTPC
Weak Futures
This is the list of 10 Weak Futures: Jet Airways, Bhushan Steel, HDIL, Bombay Rayon Fas, Havells, Suzlon, Ansal Infra, Unitech & Purava.
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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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Outlook for 1st December 2008

Daily trend of the market is down.
The market is still in downtrend and we will have to wait for it to come in uptrend before creating any buying positions
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Percentage above support
Percentage above support is still below 50% (today it is 18%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Andhra Bank, BPCL, Sterlin Bio, IOC, TTML, Kesoram Ind, Hind Perto, TCS, Glaxo & Hero Honda
Weak Futures
This is the list of 10 Weak Futures: Wel Guj, Tulip, IVR Prime, Jetairways, Suzlon, Bhushan Steel, United Phos, Havells, Ansal Infra, Purva & 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.
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Outlook for 27th November 2008

Daily trend of the market is down.
The market moving in a sideways zone and due to clearing pressure it is giving its regular doze of volatility. With a fall in Dollar Index, we saw buying in some commodity stocks.
But the trend of the market is still down, none of the world market is in uptrend, so let us wait
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 11%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Sterlin Bio, NTPC, IOC, BPCL, TTML, Hind Petro, IVRCL Infra, Glaxo, MTNL & GTL
Weak Futures
This is the list of 10 Weak Futures: Havells, Penin Land, Bhushan Stl, BEML, HDIL, Uni Phos, Matrix Lab, Suzlon, Ansal Infra, Purva & 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.
__________________________________________________________________

Outlook for 26th November 2008

Daily trend of the market is down.
The market still remains bearish with a bout of volatility here and there. With a fall in Dollar Index, some buying could be seen in some commodity stocks but the clearing pressure of Thursday will remain on the market

_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 9%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Sterlin Bio, IOC, TTML, Glaxo, Hind Petro, Andhra Bk, BPCL, GTL, NTPC & MTNL.
Weak Futures
This is the list of 10 Weak Futures: Tech Mahindra, Gitanjali, Jet Airways, Suzlon, HDIL, Matrix Labs, Amtek Auto, Ansal Infra, Purva & 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.
__________________________________________________________________

Outlook for 25th November 2008

Daily trend of the market is down.
Market is moving in a sideways consolidation zone. We are waiting for the market to give a long term buy signal. Till Nifty spot does not close above 3200 we cannot buy.

_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 9%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Hind Petro, IOC,TTML, Sterlin Boi, Glaxo, BPCL, NTPC, GTL, Power Grid & ITC.
Weak Futures
This is the list of 10 Weak Futures: JSW Steel, Parsvnath, Matrix Labs, Birla Jute, Orchid Chem, Ansal Infra, Amtek Auto, Purva, Unitech & J Stainless.
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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.
__________________________________________________________________

Outlook for 24th November 2008

Daily trend of the market is down.
As per our systems market is still below 50% and we are not interested in buying although it seems that the market is somewhere near the bottom. But since last two months investors around the world have been only searching for a bottom, but they have found everything but a bottom.
There is an advantage of following a particular system such as Technicals, which follows the trend and the trend of market is down. We will buy only when the Technical system gives a long term buy signal.
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 6%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TTML, Hind Petro, Glaxo, IOC, BPCL, GTL, NTPC, Sterlin Bio, Power Grid & Hind Zinc
Weak Futures
This is the list of 10 Weak Futures: Parsvnath, Rel Capital, HDIL, Orchid Chem, Gitanjali, Purva, Matrix Labs, Ansal infra, Amtek Auto & Uni Tech.
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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.
__________________________________________________________________

Outlook for 21st November 2008

Daily trend of the market is down.
The world markets are all down. Dow has broken the main support of 8000 and now it has to be seen whether it can rise above 8000 on some positive news or not. If it rises then the world markets can take a counterrally and then Indian markets can also go up. But if Dow goes down further then the world markets are likely to go down further. Volatility is near its highest which shows that the fear is maximum.
Even though Valuations are attractive but till technical levels do not give any buy signals, we are not buying.
The dollar is not topping out and that is also not letting the dollar inflow start in developing countries with the result their stock markets are not able to go up. So we will have to wait for the dollar to start falling.
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 6%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TTML, Hind Petro, GTL, Glaxo, Union Bank, Colpal, IOC, BPCL, MTNL & Sterlin Bio.
Weak Futures
This is the list of 10 Weak Futures: Tata Motors, Suzlon, Orchid Chem, Gitanjali, Rel Capital, Ansal Infra, Purva, Matrix Labs, Uni Tech & Amtek Auto
_____________________________________________
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.
__________________________________________________________________

Outlook for 20th November 2008

Daily trend of the market is down.
Overall trend of world markets still remains down and so are the Indian markets. We still wait for buy signals to come, till then no buying.

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Percentage above support
Percentage above support is still below 50% (today it is 6%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TTML, Hindo Petro, GTL, Sterling Bio, MTNL, Glaxo, IOC, Colpal, Hind Zinc & Rolta.
Weak Futures
This is the list of 10 Weak Furuewa: Gitanjali, Indian Info, Ansal Infra, Sail, Rel. Capital, Unitech, suzlon, Matrix Labs, Purva & Amtek auto
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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.
__________________________________________________________________

Outlook for 19th November 2008

Daily trend of the market is down.
Indian Markets are still downtrend and also the USA markets are not able to go up. All the more the US Dollar index is unable to fall. All this are giving more negative signals. Till Nifty index is not able to close above 3200 we are not interested in buying
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 8%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TTML, Hind Petro, GTL, Rolta, Union Bank, Glaxo, Hind Zinc, MTNL, Divis Lab & Sterlin Bio..
Weak Futures
This is the list of 10 Weak Futures: Ansal Infra, SAIL, Niit Ltd., Suzlon, Gitanjali, Uni Tech, Purva, Uni Phos, Matrix Lab & Amtek Auto.
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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.
__________________________________________________________________

Outlook for 18th November 2008

Daily trend of the market is down.
Markets were on the negative after no concrete material came out of the G20 summit. Let us see if US markets are able to bring out some miracle out of the hat and move up. Till then it is in downtrend only.
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 10%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TTML, Hind Petro, Hind Zinc, Mtnl, Colpal, Gtl, Ioc, Divislab, Bhushan Stl & Sterlin Bio.
Weak Futures
This is the list of 10 Weak Futures: NDTV, Tata Steel, Tata Motors, Uni Tech, Matrix Labs, Gitanjali, Jstainless, Purva, Uniphos & Amtek Auto.
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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.
__________________________________________________________________

Outlook for 17th November 2008

Daily trend of the market is down.
Markets around the world are still bearish. A possible trigger for the markets to rise might be a fall in the Dollar, again for which we will have to wait. Gold and other metals would move only if Dollar Index falls .
We are still waiting for nifty to close above 3200 before taking any buy positions in the market.
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 13%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TTML, Union Bank, Hind Zinc, GTL, Bank of India, Dabur, CESC, Hind Petro, Bhushan Steel & Andhra Bk.
Weak Futures
This is the list of 10 Weak Futures: IVR Prime, Tata Steel, NDTV, Unitech Ltd, Gitanjali, Suzlon, Amtek Auto,Tata Motors, Purva & Uniphos.
_____________________________________________
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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Outlok for 14th November 2008

Daily trend of the market is down.
Our Market was closed on 13th November. The international markets were all gloomy and their negativity might be reflected in our markets further. Till Nifty does not close above 3200, we do not wish to buy.
_______________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 16%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Hind Zinc, TTML, Union Bk, LITL, GTL, HMT Global, Bhushan Steel, Dabur, Bank of India & IDFC
Weak Futures
This is the list of 10 Weak Futures: Tata Steel, NDTV, Sterlite Tech, Mah life, IVR prime, Amtek Auto, Telco, Suzlon, Purva & Uni Phos.
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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.
____________________ _____________________________________________

Outoook for 12th November 2008

Daily trend of the market is down.
Market could not close above our buying level and fell down sharply from the resistance. Till Nifty does not close above 3200, we do not wish to buy
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Percentage above support
Percentage above support is still below 50% (today it is 18%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Hind Zinc, LITL, Union Bk, GTL, Can Bk, Indian Bk, Hinduja Ven, Bhushan Stl, APIL & GMR Infra.
Weak Futures
This is the list of 10 Weak Futures: NDTV, Unitech, Tisco, Mah Life, Suzlon, Amtek Auto, Telco, Uni Phos, J Stainless & Purva
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 11th November 2008

Daily trend of the market is down.
The package announced by China created a positive trigger for the world markets and all market closed in the positive. The rally was lead by the commodity stocks. If Nifty spot closes above 3200 on 11th November, then one may buy Nifty at closing.
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Percentage above support
Percentage above support is still below 50% (today it is 33%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: GMR Infra, LITL, HTMT Global, Rajesh Expo, Hind Oil Exp, JP Associat, Pantaloon R, IVRCL Infra, Can bk & Edu comp
Weak Futures
This is the list of 10 Weak Futures: IVR Prime, Suzlon, SCI, Mahlife, Auro Pharma, Telco, Amtek Auto, J Stainless, Purva & Uni phos
_____________________________________________
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.
____________________ _____________________________________________

Outolook for 10th November 2008

Daily trend of the market is down.
Overall trend of the world markets is still down.Even our percentage above support has still not been able to come above 50%, so we cannot buy deliveries as mentioned below. Fundamentally the news is only get from bad to worse with unemployment in US at a decade high and news of 2 more small banks in US going bad. The only ray of hope is that the world markets have somehow got used to all the bad news and the markets have comparatively stabilized.
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Percentage above support
Percentage above support is still below 50% (today it is 17%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Rajesh Expo, LITL, Union Bk., Can Bk., Hinduja Ven, GTL, IDFC, Divis Lab, Bhushan Stl & HCC
Weak Futures
This is the list of 10 Weak Futures: NDTV, Tisco, Ivr Prime, National Alum, Unitech, Telco, Auro Pharma, Purva, J Stainless & Uni Phos
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 7th november 2008

Daily trend of the market is down.
Bank of England has cut its interest rate by 1.5% which shows that overall markets are bad. Let nifty close above 3200, then only we can think of buying.

________________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 11%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Rajesh Expo, Hinduja Ven, Divis Lab, GTL, Dabur, Bhusan Steel, Union Bk, Can Bk, Hind Uni Lvr & BHEL
Weak Futures
This is the list of 10 Weak Futures: Suzlon, Amtek Auto, Telco, Unitech, Ivr Prime, National Alum, Jindal Stainless, Purva, Auro Pharma & Uni Phos
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 6th November 2008

Daily trend of the market is down.
We had been mentioning the trend to be down as we were waiting for this one correction which has come today. Now if the Indian Markets are able to close above today’s correction, then only we would treat trend to be up, till then we wait.

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Percentage above support
Percentage above support is still below 50% (today it is 15%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Educomp, Rajesh Expo, IDFC, Hindujaven, Dabur, Divis Lab, GTL, LITL, Bhushan Steet & HCC
Weak Futures
This is the list of 10 Weak Futures: IVRPrime, Nucleus, Unitech, Gitanjali, Auro Pharma, Suzlon, National Alum, Jindal Stainless, Purva & Uni Phos
_____________________________________________
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.
____________________ _____________________________________________

Outook for 5th November 2008

Daily trend of the market is down.
Today also the market has closed convincingly above the resistance of 3000, which has been able to provide good confidence. We have witnessed a strong rally from the bottoms.
Dow Futures are in plus at this time and so we expect the US markets also to close in positive at night which may trigger a positive opening in our market on Wednesday.
But till Nifty does not close above 3300, we will not call our market in uptrend on daily charts.
Intraday markets have been taking movements and it seems that once they catch the momentum they tend to remain in momentum in that direction. For this you may click on this link for intraday trend of nifty and other stocks, which is updated for an intraday player.
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Percentage above support
Percentage above support is still below 50% (today it is 25%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Rajeshexpo, IDFC, LITL, Chamblfert,Bhushanstl, Dabur, Hindujaven, Educomp, GTL & Sterling Bio
Weak Futures
This is the list of 10 Weak Futures: Ndtv, Ivrprime, Auropharma, Amtekauto, Gitanjali, Nationalum, Jindal stainless, Suzlon, Purva & Uniphos.
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 4th November 2008

Daily trend of the market is down.
Our market has closed above the psychological level of 3000 which is technically a very good sign. But we still expect more volatility in the market . Till Nifty does not close above 3300, we will not call our market in uptrend.

Markets are taking all movements intraday and it seems that once they catch the momentum they tend to remain in momentum in that direction. For this you may click on this link for intraday trend of nifty and other stocks, which is updated for an intraday player

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Percentage above support
Percentage above support is still below 50% (today it is 13%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Educomp, Gtl, Divislab, Bhushamsteel, Indian Bk, Idfc, Chamblfert, Lupin, Sterlinbio & Dabur
Weak Futures
This is the list of 10 Weak Futures: Aurobindo, Amtek auto, Ivr prime urban, Citanjali gems, Unitech, National Alu.,Jindalsteel, United ph & Suzlon
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 3rd November, 2008

Daily trend of the market is down.
All the world markets are taking counter rally and have gone up around 20% from their lows. Indian Stock Markets has also gone up more than 20% from their lows, which is showing that technically a temporary bottom has been made. RBI’s decision to bring down CRR and repo rates will infuse the much wanted liquidity in the market. We expect a strong opening on Monday. But till Nifty does not close above 3300, we will not call our market in uptrend. However expect the market to remain volatile.
________________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 5%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: GTL, Sterling Bio, Bhushan Steel, Titan, Indian Bank, Infosys, Hotel Leela, Satyam, Bhel & Dabur
Weak Futures
This is the list of 10 Weak Futures: Unitech, Jet Airways, Parsvnath, Gitanjali, Briade, Jindal Stainless, Ivrprime, United Phos, Purva & Suzlon
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 31st October 2008

Daily trend of the market is down.
Markets across the world are trying to recover 20% from their lows which is a sign that the bottoms have been made from their lows. Even Nifty and Sensex have recovered 20% from their lows. We are waiting for the first higher bottom higher top to be made in Nifty after which we can call the short term trend to be up. Till then we wait.
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Percentage above support
Percentage above support is still below 50% (today it is 3%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: GTL, Titan, Hotel Leela, Sterling Bio, Indian Bank, Lupin, Infosys, Hero Honda, Colpal and GDL
Weak Futures
This is the list of 10 Weak Futures: Parsvnath, Bajaj Hind, National Alu, Ivrcl Infrast, Ivr Prime Urban, Brigade, Jindal Stainl, Puravankara Proj,Suzlon and United Phosphoro
_____________________________________________
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.
_________________________________________________________________

Outlook for 29th October 2008

Daily trend of the market is down.
We had mentioned yesterday, that markets may start recovering as technically markets are heavily oversold. We can expect some up and down movements for some days before a clear buy signal emerges. Till then we wait as overall trend of the market is still down.
________________________________________________
Percentage above support
Percentage above support is still below 50% (today it is 3%) so we recommend that no delivery should be bought at current levels.
__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: :GTL, Colpal, Hoteleela, Titan, Lupin, GDL, Satyamcomp, Chamblfert, Sterlinbio & infoystch
Weak Futures
This is the list of 10 Weak Futures: Tatamotors, Jetairways, Aban, Jstainless, Ivrprime, Nationalum, Unitech, Purva, Suzlon & Ivrclinfra.
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 27th October 2008

We had mentioned some days back also that our daily trend of Nifty came in downtrend at 4287.95 on 11th September . The current closing of nifty on Friday is below 2600. We believe technically that till the trend is down one should not look at buying as we do not know that till how long the trend can remain down. When we put nifty is downtrend near 4287, we could never think that it could fall by more than 1500 points, but as they say trend is your friend, we respect the trend.
Since the percentage above support is right now 0%, which means that the markets are extremely oversold. Theoretically a zero percent above support convey that all shares are dead which means that now slowly they should start seeing buying in them. But we still do not wish to do bottom fishing as we think that now a sideways consolidation and correction should follow and till markets do not generate a short term buy signal, we should wait before buying.

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Weak Futures
This is the list of 10 Weakest Futures: Jindalsteel, Essar, Jsw steel, Suzlon, Tisco, Welspun guj., Bajaj hind., Ivr prime, Ivrcl & Ndtv
_____________________________________________
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.
____________________ _____________________________________________

Outlook for 24th October 2008

Watch our Analyst (Neera Jain) discuss various stocks at NDTV Profit on 24th Oct between 4 till 4.30 pm on Programme Tomorrow’s Picks



Daily trend of the market is down.

The fall in US Markets triggered a wave of fall in the Asian and European Markets. The Indian Markets tried to bounce and go higher but could not sustain when near 2 pm the European Markets started cutting their lows and the Indian Markets closed in negative.


While I am writing this, the Dow Futures are in the negative and if Dow closes bad today then we may see a negative opening tomorrow in the other world markets also.

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Percentage above support

Percentage above support is still below 50% (today it is 2%) so we recommend that no delivery should be bought at current levels.

__________________________________________________________________

Strong Futures

This is list of 10 Strong Futures: India bk, Gtl, Indian overseas, Hindunilvr, Sterling Biotech, Sydicate bk, Hotel leela, Pnb, Titan & Colgate palmoliv.

Weak Futures

This is the list of 10 Weak Futures: Jindalsteel, Essar, Jsw steel, Suzlon, Tisco, Welspun guj., Bajaj hind., Ivr prime, Ivrcl & Ndtv

_____________________________________________

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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Outlook for 23rd October 2008

Watch our Analyst (Neera Jain) at NDTV Profit on 23rd Oct between 11.30 till 12.15 pm on Programme Buy/Sell

Daily trend of the market is down.
The negative Asian cues especially the big fall of Nikkei brought all the world markets down.. And the Indian Markets also could not remain unaffected from the world crisis. It seems that till the stability does not come in the International Market it would be tough to see a rally in the Indian Market. The strangest part is that US Dollar is going higher whereas the entire crisis epicenter is US.
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Percentage above support
Percentage above support is still below 50% (today it is 3%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Iob, Tvsmotor, HindUniLvr, Indian bk, Gtl, Colgate palmoliv, Syndicate bk, Hotel leela, Sterlling Biotech & Indn. oil.
Weak Futures
This is the list of 10 Weak Futures: Welspun Guj, Financial Technol, Sterlite Technol, Aptech, Jsw steel, S kumar, Ivrcl infrast, Bajaj hind, Ndtv & Ivr prime urban.
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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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Outlook for 22nd October 2007

Watch our Analyst (Neera Jain) discussing stocks at Zee Business on 22ndth Oct between 1 pm till 2 Pm

Daily trend of the market is down.
It seems that that the Indian Market is taking positive cues from the global cues. Yesterday’s Dow Jones Utility Index gain gave a strong confidence to the Asian Markets like Nikkei and Indian Market. But expect the rally to be more sideways with a constant doze of volatility
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Percentage above support
Percentage above support is still below 50% (today it is 7%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Mphasis, Dr.reddy, Hind uni lvr, Tvs motor, Gtl, Bob, Satyam & Syndicate bk.
Weak Futures
This is the list of 10 Weak Futures: Nagarjuna constr, Patel eng, Welspun, Aptech, S kumar, Jsw steel, Sterlite technol, Baja hind, IVR prime & NDTV.
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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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Outlook for 21st October 2008

Daily trend of the market is down.
RBI’s decision to reduce the repo rate by 1% brought a temporarily relief to the market but the higher levels could not sustain due to profit booking. Overall the market is in a sideways consolidation zone. We can only wait for the market to come out of its sideways zone.
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Percentage above support
Percentage above support is still below 50% (today it is 5%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Indian Bk, Ubi, Hpcl, Boi, Tvs Motor Com., Bob, Ioc, Gtl, Pnb & Bpcl
Weak Futures
This is the list of 10 Weak Futures: Bom Dyein, Wel Guj, Peninland, Aptech, IndiaInfo, Suzlon, Nagarconst, IvrPrime,Bajajhind & Ndtv.
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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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Outlook for 20th October 2008

Daily trend of the market is down.
Overall world markets are still not showing any sign of bottoming out. Our market is now becoming heavily oversold, and in such oversold markets a very strong rally upside is expected
A decisive closing above 3600 Nifty level will be a signal for a short term rally.
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Percentage above support
Percentage above support is still below 50% (today it is 4%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Boi, Hind petro, Ioc, Gtl, Bahrat petro, Ubi, Obc, Pnb, Bob & Allahabad bk.
Weak Futures
This is the list of 10 Weak Futures: Suzlon energy, Rel. capital, Essar Oil, IVR Prime Urban, Bajaj Hind, JSW Steel limit, Educomp solution, Ivrcl infrrast, Nagarjuna constr & Ndtv Ltd.
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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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18th Oct, 2008

Interview to PTI on the likely markets next week.

Outlook for 17th October 2008

Watch our Analyst (Neera Jain) discuss various stocks at CNBC Awaaz on 17th Oct between 11.00 am till 12 noon on Programme Sauda Aapka..

Daily trend of the market is down.
Technically the markets are showing first signs of bottoming, though it will be take some time for this to happen. Today Indian Markets after opening sharpely down, started an upward rally but a normal profit booking at higher levels again brought the market down. Overall world markets are in sideways consolidation zone.
It has to be seen how Dow closes today. If dow closes strong then the much expected rally in our markets will be seen on Friday. A decisive closing above 3600 Nifty level will be a signal for a short term rally.
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Percentage above support
Percentage above support is still below 50% (today it is 7%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Ubi, Bob, Sbi, Bob, Gtl, Pnb, Obc, India overseas, Hind petrol & Bharat petro
Weak Futures
This is the list of 10 Weak Futures: Niit, Welspun guj. st., Suzlon energy, IVR prime, Ivrcl, Bajaj hind, Jsw steel, Ndtv & Nagarjuna constr
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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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Outlook for 16th October 2008

Daily trend of the market is down.
Overall world markets are in sideways consolidation zone. The positive part is that Dow and S & P 500 have bounced 20% from their lows which shows that they are trying to form bottoms technically, though it will be too early to say as fundamental scenario is still not that good. The Indian Markets today tanked without any much reason. A decisive closing above 3600 Nifty level will be a signal for a small rally.
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Percentage above support
Percentage above support is still below 50% (today it is 4%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Mosear baer, Boi, Ubi, Obc, Bob, Maruti, Glt ltd, Sbi, pnb & J&k bk.

Weak Futures
This is the list of 10 Weak Futures: Ivrcl, Ndtv, Aptech, Ivr prime, Niit, Wel guj, Aban, Bajaj hind, Jindal Steel & Nagar const
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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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Outlook for 15th October 2008

Daily trend of the market is down.
Dow closing 11% higher yesterday which is probably its highest rise in last 50 years and Nikkei going up by more than 14% in a single day which is its largest rally ever. This goes to show that markets worldwide are trying to form a bottom, but bottoms are not made in one day and they take time. Our Indian stock Market today did not close very well and remained in sideways consolidation. Overall an upward rally is expected once the global scenario stabilizes
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Percentage above support
Percentage above support is still below 50% (today it is 5%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Mosear baer, Boi, Ubi, Obc, Bob, Maruti, Glt ltd, Sbi, pnb & J&k bk.

Weak Futures
This is the list of 10 Weak Futures: Aban, Jsw steel, Bombay dyein, Peninsula, Niit, Ivr prime urban, Welspun guj st., Bajaj hind, India infoline & Nagarjuna constr..
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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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Outlook for 15th October 2008

Daily trend of the market is down.
Dow closing 11% higher yesterday which is probably its highest rise in last 50 years and Nikkei going up by more than 14% in a single day which is its largest rally ever. This goes to show that markets worldwide are trying to form a bottom, but bottoms are not made in one day and they take time. Our Indian stock Market today did not close very well and remained in sideways consolidation. Overall an upward rally is expected once the global scenario stabilizes
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Percentage above support
Percentage above support is still below 50% (today it is 5%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Mosear baer, Boi, Ubi, Obc, Bob, Maruti, Glt ltd, Sbi, pnb & J&k bk.

Weak Futures
This is the list of 10 Weak Futures: Aban, Jsw steel, Bombay dyein, Peninsula, Niit, Ivr prime urban, Welspun guj st., Bajaj hind, India infoline & Nagarjuna constr..
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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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Outlook for 14th October 2008

Don’t forget to watch your Analyst (Ms Neera Jain) tomorrow, 14th October on NDTV Profit at 11.30 till 12 noon.

Daily trend of the market is down.

Dow and Nasdaq Futures in the positive, the Asian Market started their day in positive and the FM speech also gave confidence to the Indian Markets to take a sharp rally and close near their highs. The European Markets were also trading near their highs and the Dow and nasdaq Futures were more than 4.5 % up when the Indian Markets closed.

On the Candlestick Chart which are seen for the short term movements, the Sensex has formed a morning star on the daily charts and Nifty has formed an engulfing bullish pattern which may probably take the markets higher

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Percentage above support
Percentage above support is still below 50% (today it is 5%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Mosear Baer, maruti, Bob, Sbin, Ubi, Indian bk, Bharat petro, Ntpc, Obc & Pnb.

Weak Futures
This is the list of 10 Weak Futures:Bombay Dyein, India infoline, Aban, Peninsula land, Nagarjuna Constr, HDIL, Ivr prime,Welspun Guj St, Bajaj Hind & Niit.
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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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Outlook for Monday the 13th October 2008

Daily trend of the market is down.

Trend of the world markets still remains down though it seems that the downward movement should reduce and some bargain buying may emerge at lower levels as most of world markets have fallen by more than 50%. Base metals like copper,zinc, Nickel are not showing any sign of rally which shows that industrial activity is not picking up. Even Gold which was taking a good rally against the trend of US Dollar (US Dollar Index and Gold are inversely proportional meaning that when Dollar Index goes up,Gold goes down). The daily trend of Indian Stock Market came in downtrend on 11th Septmeber when Nifty closed at 4287.95 (http://www.crnindia.com/daily.html). We still maintain that the trend is down and one should wait before taking any aggressive buy positions

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Percentage above support
Percentage above support is still below 50% (today it is 2%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: Ntpc, Ubi, Indian bk, Obc, Maruti, Power Gride, Bpcl, Hero honda, Sterling Biotech & Colgate Palmoliv

Weak Futures
ThisSeptem is the list of 10 Weak Futures: Kpit, Welspun Guj st, Suzlon energy, Ivr prime urban, Bomvay Dyein, Nagarjuna Constr, Bajaj hind, Hdil & S Kumar.

Outlook for Friday, 10th October 2008

Daily trend of the market is down.

The global markets tanked as usual because the overall trend of the world markets is down, which we have been repeatedly mentioning and it is foolish to go against the trend. Though at times one does get profits when there is a counterrally. The credit crises in most of the countries is still far from over and it seems fundamentally that it might take another 4 to 6 months for the problems to be over, but a contrarion silver lining might be that majority of the analyst are bearlish and when majority is bearish, then the markets tend to give a rally.

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Percentage above support
Percentage above support is still below 50% (today it is 3%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures:Hero Honda, Maruti,UBI, NTPC,PNB, Indian bk, National Alumini, Glaxo, Power grid & Sterling biotech.

Weak Futures
This is the list of 10 Weak Futures: Ivr prime, Sobha, 3IInfotech, NIIT, Aban, Bom Dyeing, HDIL, Jsw Steel & S kumar.

Outlook for 8th October 2008

Daily trend of the market is down.

The problem of Europe especially Iceland kept the markets down in Europe, which resulted in Indian Stock Market to remain under pressure and thereby not reacting to the positive steps like CRR reduction and P Notes relaxation. Markets are expected to remain sideways and consolidate for some time before they take their next direction. Overall trend of the World Stock Markets is down though a counter rally cannot be ruled out. Gold remains bullish and even crude is taking a counter rally. If Dollar Index reacts from 80-81 levels then a further rally in Gold and Oil is expected

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Percentage above support
Percentage above support is still below 50% (today it is 4%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures:BPCL,Tvs Motor, Hero Honda,Union Bank, Moser Baer,PNB,Ntpc Ltd,Lupin, BOI,Hindustan Unilev.

Weak Futures
This is the list of 10 Weak Futures: Larsen & Toubro, Niit Limited, JSW Steel, S Kumars,Bombay Dyein, HDIL,Aptech Training,Sobha,3I infotech ,STERLITE

Outlook for 7th October 2008

Daily trend of the market is down.

Inspite of market falling today,three positive things have emerged.Firstly the falling of market upto 3600 levels which is a 50% retracement of the previous rally.Secondly SEBI allowing the Participatory notes to be issued after removing the restriction of 40% and thirdly there has been CRR cut today, so we expect the markets can go up tomorrow on tuesday provided the asian markets are also positive.

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Percentage above support
Percentage above support is still below 50% (today it is 3%) so we recommend that no delivery should be bought at current levels.
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Strong Futuers
This is list of 10 Strong Futures: Bpcl, BPCL, TVS Motors, HPCL, Hero Honda, Lupin, UBI, Hindustan Uni, PNB, Mosear Bear & Indian Bk
Weak Futures
This is the list of 10 Weak Futures:Rajesh Ex., 3I infotech, Praj Inndustr, NIIT, Aptech Training, HDCL, Sterlite Tech, JSW Steel, S Kumar & LT

Outlook for Monday the 6th October 2008

Daily trend of the market is down.

The passing of US 700 bn dollar bail out could not bring the US markts up on Friday,so it is expected that the Indian Market also might also open weak on Monday and the next movement will be determined by the Asian Market. Overall trend of the world markets is down.

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Percentage above support
Percentage above support is still below 50% (today it is 7%) so we recommend that no delivery should be bought at current levels
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Strong Futuers
This is list of 10 Strong Futures: Bpcl, Tvs motor, hero Honda, Lupin, Hind petro, Hin uni lvr, Acc, Boi, Hdfc & Sun Pharma
Weak Futures
This is the list of 10 Weak Futures: Kpit, sobha, Hdil, Rajesh Exports, Niit, Skumar, Jsw steel, Aptech training & Bajaj Hind.

Outlook for 3rd October 2008

Daily trend of the market is down.

Senate has passed the 700 bn dollar package and now it has to be passed by the house of Representative. The Asian markets are not really reacting to it. Let us only hope that once it is totally passed then the best case scenerio will be that the markets might stop falling. At current levels markets are overall bearish. Overall trend of the world markets is still down.
Till Nifty spot does not close above 4300 levels, we are not very hopeful for the market to take a big rally

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Percentage above support
Percentage above support is still below 50% (today it is 13%) so we recommend that no delivery should be bought at current levels
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Strong Futures
This is list of 10 Strong Futures: TVS Motors, BPCL, Indian Bk, BOB, Axis Bk, ACC, Hero Honda, Lupin , Hind Petro & HDFC
Weak Futures
This is the list of 10 Weak Futures: IVR Prime, NIIT, Aptech training, Sterlite technol, Rajesh Exports, JSW Steel ltd., Kpit, HDIL, Ranbaxy & S Kumars .

Analysis of Indian Stock Market for October 1, 2008

Daily trend of the market is down.

Markets took a sharp fall in opening trades in Asia but later recovered and closed in postive also. Even Europe which opened weak, was performing better than what was expected. It seems that the package of $700 B might see the light again. Let us wait with crossed fingers and see what happens

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Percentage above support
Percentage above support is still below 50% (today it is 7%) so we recommend that no delivery should be bought current levels
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Strong Futuers
This is list of 10 Strong Futures: Bharat Petro,Hind.Petrol,Hero Honda,Axis Bk Ltd,Syndicate Bk,Hindustan UniLev,Acc Ltd,Bk of India,Indian Bk,Dabur India.
Weak Futures
This is the list of 10 Weak Futures: Lanco Infratech,Nucleus,Kpit Ltd,Bajaj Hind,Aptech Training,S Kumars Syn,Rajesh Exports,Hinduja Ventures,Housing Dev& In,Ranbaxy Labs.

US bailout not done

The bailout package has ben defeated and has not been passed by the U S ,so whatever expectations which were build in the world markets,are now lost. It seems that till the time US markets do not stabalize there will be pressure all over.

Analysis of Indian Stock Market for September 30, 2008

Daily trend of the market is down.
Market is indeed very volatile, We expected the market to take the support at 4000 level and rise, but the market instead became very volatile.The markets have become oversold at current levels. So it is better to be out of the market

Due to financial problems in Europe regarding Fortis and Bradford & Bingley, the Asian market as well as European markts tanked with the result most of the world markets were down. The positive sentiment with was supposd to come from the yesterday's overnight passing of 700 billion package partially by house of representative in USA was overshadowed by the probelms of European banks.Let us see whether today night Dow and Nasdaq can pull the market from the bearish sentiment and close higher.More details are coming out of the package and it is hopeful that the takeover of Wachovia by Citigroup sometime back should remove some uncertainity
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Percentage above support
Percentage above support is still below 50% (today it is 5 %) so we recommend that no delivery should be bought at current levels
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Stong Futures
This is list of 10 Strong Futures: Syndibank, Hindunilvr, Col Pal, Bpcl, Acc, Glaxo, Hero Honda, Itc, Hindpetro & Ongc.
Weak Futures
This is the list of 10 Weak Futures: Litl, Ivrprime, 31Infotech, Rajesh Expo, Kpit, Strtech, Aptecht, Niit Ltd, Hdil & Ranbaxy.