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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Wednesday, December 31, 2008
Tuesday, December 30, 2008
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.
______________________________________________
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.
__________________________________________________________________
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.
______________________________________________
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
_____________________________________________
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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Monday, December 29, 2008
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.
__________________________________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
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, December 25, 2008
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.
__________________________________________________________________
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.
______________________________________________
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%
__________________________________________________________________
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.
_____________________________________________
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, December 23, 2008
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.
______________________________________________
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.
__________________________________________________________________
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.
______________________________________________
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%
__________________________________________________________________
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.
__________________________________________________________________
Monday, December 22, 2008
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.
______________________________________________
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.
__________________________________________________________________
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.
______________________________________________
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%
__________________________________________________________________
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
_____________________________________________
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, December 21, 2008
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.
__________________________________________________________________
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.
______________________________________________
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%
__________________________________________________________________
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
_____________________________________________
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.
__________________________________________________________________
Thursday, December 18, 2008
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.
__________________________________________________________________
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
_______________________________________________
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%
__________________________________________________________________
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
_____________________________________________
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, December 17, 2008
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.
__________________________________________________________________
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
_______________________________________________
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%
__________________________________________________________________
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.
__________________________________________________________________
Tuesday, December 16, 2008
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%.
__________________________________________________________________
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
_____________________________________________
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 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%.
__________________________________________________________________
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
_____________________________________________
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, December 15, 2008
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.
_______________________________________________
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
_____________________________________________
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 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.
________________________________________________________________
Sunday, December 14, 2008
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.
__________________________________________________________________
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.
_______________________________________________
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.
__________________________________________________________________
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.
__________________________________________________________________
Thursday, December 11, 2008
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.
__________________________________________________________________
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.
_______________________________________________
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.
__________________________________________________________________
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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Wednesday, December 10, 2008
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.
__________________________________________________________________
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.
_______________________________________________
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.
__________________________________________________________________
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
_____________________________________________
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, December 09, 2008
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
_______________________________________________
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.
__________________________________________________________________
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.
__________________________________________________________________
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
_______________________________________________
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.
__________________________________________________________________
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
_____________________________________________
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, December 07, 2008
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
_______________________________________________
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.
__________________________________________________________________
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
_____________________________________________
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 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
_______________________________________________
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.
__________________________________________________________________
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
_____________________________________________
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, December 04, 2008
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.
__________________________________________________________________
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
_______________________________________________
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.
__________________________________________________________________
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
_____________________________________________
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, December 03, 2008
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.
__________________________________________________________________
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.
_____________________________________________
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 come in uptrend before we create any long position
_______________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
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, December 02, 2008
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.
__________________________________________________________________
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.
_____________________________________________
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.
__________________________________________________________________
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.
_______________________________________________
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.
__________________________________________________________________
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.
_____________________________________________
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, December 01, 2008
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.
__________________________________________________________________
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.
_____________________________________________
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 is bearish and becomes volatile every now and then.We will have to wait till market comes in uptrend before creating any long positions
_______________________________________________
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: 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.
_____________________________________________
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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