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
_______________________________________________
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: 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.
_____________________________________________
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.
__________________________________________________________________
Sunday, November 30, 2008
Wednesday, November 26, 2008
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.
__________________________________________________________________
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.
_____________________________________________
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.
__________________________________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
__________________________________________________________________
Tuesday, November 25, 2008
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.
_____________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
__________________________________________________________________
Monday, November 24, 2008
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.
_____________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
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.
__________________________________________________________________
Sunday, November 23, 2008
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.
_____________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
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.
__________________________________________________________________
Thursday, November 20, 2008
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.
__________________________________________________________________
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.
__________________________________________________________________
Wednesday, November 19, 2008
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.
_______________________________________________
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
_____________________________________________
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.
__________________________________________________________________
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.
_______________________________________________
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
_____________________________________________
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
__________________________________________________________________
Tuesday, November 18, 2008
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.
_____________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
__________________________________________________________________
Monday, November 17, 2008
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.
_____________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
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.
__________________________________________________________________
Sunday, November 16, 2008
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.
__________________________________________________________________
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.
__________________________________________________________________
Thursday, November 13, 2008
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.
_____________________________________________
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.
____________________ _____________________________________________
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.
_____________________________________________
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
____________________ _____________________________________________
Tuesday, November 11, 2008
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
_______________________________________________
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.
____________________ _____________________________________________
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
_______________________________________________
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.
____________________ _____________________________________________
Monday, November 10, 2008
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.
_______________________________________________
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.
____________________ _____________________________________________
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.
_______________________________________________
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.
____________________ _____________________________________________
Sunday, November 09, 2008
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.
_______________________________________________
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.
____________________ _____________________________________________
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.
_______________________________________________
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.
____________________ _____________________________________________
Thursday, November 06, 2008
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.
____________________ _____________________________________________
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.
____________________ _____________________________________________
Wednesday, November 05, 2008
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.
________________________________________________
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.
____________________ _____________________________________________
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.
________________________________________________
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.
____________________ _____________________________________________
Tuesday, November 04, 2008
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.
________________________________________________
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.
____________________ _____________________________________________
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.
________________________________________________
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.
____________________ _____________________________________________
Monday, November 03, 2008
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
________________________________________________
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.
____________________ _____________________________________________
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
________________________________________________
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.
____________________ _____________________________________________
Sunday, November 02, 2008
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.
____________________ _____________________________________________
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.
____________________ _____________________________________________
Subscribe to:
Posts (Atom)