Daily trend of the market is Up.
The Indian Stock Markets took a smart short covering before the clearing day and wnet up sharply, though the main rally was in the futures stocks.
The positive futures US Futures supported the rally.
The trend of Nifty is up which shows that even the US and the world markets are likely to remain bullish. One can buy Nifty. Let us see whether US Markets also close strong following the Indian Market
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TV-18, Power Grid, Auro Pharma, Balram Chini, Polaris, Ultra Cemco,Cairn, Gt Offshore, NTPC & Renuka.
Weak Futures
This is the list of 10 Weak Futures: Satyam Comp, Aban, Divis Lab, PunjLloyd, EKC, Rolta, IVRCL Infra, DLF, Wel Guj & Gitanjali
_____________________________________________
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, January 28, 2009
Tuesday, January 27, 2009
Outlook for 28th January 2009
Daily trend of the market is Down.
Today the markets had gone up due to heavy short covering
Over all trend of the market still remains down. So let us be cautious and not create any buying positions at current level
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Visual Soft, Power Grid, NTPC, AuroPharma, Polaris, Hero Honda, Infosys Tech, Cipla,GMR Infra & Reliance.
Weak Futures
This is the list of 10 Weak Futures: Satyam Comp, Divis Lab, Punj Lloyd, IVRCL Infra, Zeel, Orient Bank, PNB, Tata Steel,LT & Hindalco.
_____________________________________________
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 markets had gone up due to heavy short covering
Over all trend of the market still remains down. So let us be cautious and not create any buying positions at current level
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Visual Soft, Power Grid, NTPC, AuroPharma, Polaris, Hero Honda, Infosys Tech, Cipla,GMR Infra & Reliance.
Weak Futures
This is the list of 10 Weak Futures: Satyam Comp, Divis Lab, Punj Lloyd, IVRCL Infra, Zeel, Orient Bank, PNB, Tata Steel,LT & Hindalco.
_____________________________________________
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, January 26, 2009
Outlook for 27th January 2009
Daily trend of the market is Down.
Oil and other metals took a rally on Friday which shows that some demand is coming in metals. Even Shanghai Index was rising last week which is a small bullish sign.
US Markets are also trying to find support near 8000 Dow Index. Expect a small counter rally in the coming week.
But till the trend of the market remains in downtrend we would recommend no buying positions be created
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Polaris, Balrampur Chini, Power Grid, Ultra Cem, Neyveli, BEL, Hero Honda, Colpal, Naukri & Matrix Labs.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Aban, IVRCL Infra, DLF, Zeel, Punjlloyd, Nagar Const, Welguj, TVS Motor, Kotak Bank & Siemens.
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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.
__________________________________________________________________
Oil and other metals took a rally on Friday which shows that some demand is coming in metals. Even Shanghai Index was rising last week which is a small bullish sign.
US Markets are also trying to find support near 8000 Dow Index. Expect a small counter rally in the coming week.
But till the trend of the market remains in downtrend we would recommend no buying positions be created
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Polaris, Balrampur Chini, Power Grid, Ultra Cem, Neyveli, BEL, Hero Honda, Colpal, Naukri & Matrix Labs.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Aban, IVRCL Infra, DLF, Zeel, Punjlloyd, Nagar Const, Welguj, TVS Motor, Kotak Bank & Siemens.
_____________________________________________
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, January 22, 2009
Outlook for 23rd January 2009
Daily trend of the market is Down.
Overall trend of the Indian Market is still down. So till the trend is down we would recommend the readers to stay away from the market and no long positions be created.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Naukri, Neyveli, Nation Alum, Polaris, Ultra Cem, Balram Chin, GMR Infra, HPCL & BEL.
Weak Futures
This is the list of 10 Weak Futures: J Stainless, DLF, Aban, Punj Lloyd, IVRCL Infra, Roltas, Zee, Nagar Const, BRFL & TVS Motors
_____________________________________________
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 Indian Market is still down. So till the trend is down we would recommend the readers to stay away from the market and no long positions be created.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Naukri, Neyveli, Nation Alum, Polaris, Ultra Cem, Balram Chin, GMR Infra, HPCL & BEL.
Weak Futures
This is the list of 10 Weak Futures: J Stainless, DLF, Aban, Punj Lloyd, IVRCL Infra, Roltas, Zee, Nagar Const, BRFL & TVS Motors
_____________________________________________
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, January 21, 2009
Outlook for 22nd January 2009
Daily trend of the market is Down.
The rise of Dollar index could have been one of the reason for the bearish of the markets world wide.
Overall trend of the Indian Market is still down.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Neyveli Lig., Polaris, Balram Chini, HPCL, Ultra Cemco, BEL, BEML, GMR Infra, AL BK & BPCL.
Weak Futures
This is the list of 10 Weak Futures: Edu Comp, Roltas, Divi's Lab, Punj Llyod, DLF, Siemens, TVS Motors, Pantaloon, Rel Capital & Nagar Const
_____________________________________________
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 rise of Dollar index could have been one of the reason for the bearish of the markets world wide.
Overall trend of the Indian Market is still down.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Neyveli Lig., Polaris, Balram Chini, HPCL, Ultra Cemco, BEL, BEML, GMR Infra, AL BK & BPCL.
Weak Futures
This is the list of 10 Weak Futures: Edu Comp, Roltas, Divi's Lab, Punj Llyod, DLF, Siemens, TVS Motors, Pantaloon, Rel Capital & Nagar Const
_____________________________________________
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, January 20, 2009
Outlook for 21st January 2009
Daily trend of the market is Down.
Today Mr Obama will be taking the oath. So let us see if any Obama magic can change the direction of the market.
Overall trend of the Indian Market is still down.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Neyveli, Balram Chini, Polaris, Power Grid, HPCL, BEML, BEL, Ultra Cem, JP Hydro & BPCL..
Weak Futures
This is the list of 10 Weak Futures: Rolta, Pantaloon, DLF, TVS Motor, Siemens, Punj Llyod, Star, BRFL, IVRCL Infra & 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.
__________________________________________________________________
Today Mr Obama will be taking the oath. So let us see if any Obama magic can change the direction of the market.
Overall trend of the Indian Market is still down.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Neyveli, Balram Chini, Polaris, Power Grid, HPCL, BEML, BEL, Ultra Cem, JP Hydro & BPCL..
Weak Futures
This is the list of 10 Weak Futures: Rolta, Pantaloon, DLF, TVS Motor, Siemens, Punj Llyod, Star, BRFL, IVRCL Infra & 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, January 19, 2009
Outlook for 20th January 2008
The US market are closed today and tomorrow Mr Obama is going to take the oath. So we will have to wait to see how the US markets react after that.
All the other world markets are taking a rally
Indian Market is also trying to take a counterrally but over all trend of the market is still down.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Jet Airways,Balram Chin,Neyveli,Triveni,Hind Petro,Nucleus,Renuka,Ambuja Cem,BEL & Can Bk.
Weak Futures
This is the list of 10 Weak Futures: Punj Llyod,Star,BRFL,Ivrcl Infra,Mah Life,IVR Prime,Siemens,KPIT,Rel Capital & Gitanjali.
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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.
__________________________________________________________________
All the other world markets are taking a rally
Indian Market is also trying to take a counterrally but over all trend of the market is still down.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Jet Airways,Balram Chin,Neyveli,Triveni,Hind Petro,Nucleus,Renuka,Ambuja Cem,BEL & Can Bk.
Weak Futures
This is the list of 10 Weak Futures: Punj Llyod,Star,BRFL,Ivrcl Infra,Mah Life,IVR Prime,Siemens,KPIT,Rel Capital & Gitanjali.
_____________________________________________
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, January 18, 2009
Outlook for 19th January 2009
Daily trend of the market is Down.
Indian Market has taken a good support at 2850 levels and is taking a rally. Market faces its next resistance at 2900 – 3000 levels.
It seems that the market is trying to take a rally before Obama takes oath on 20th January. Let us see if the rally is able to sustain.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Balrampur Chin, Neyveli, Triveni, Renuka, Maruti, M&M, Nuclues, Moserbaer, Infosystech & Hind Petro..
Weak Futures
This is the list of 10 Weak Futures: Rolta, Sasken, TVS Motors, Sterlite Tech, Pantaloon, DLF, Uni Tech, Purva, Siemens & Punj Llyod.
_____________________________________________
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 Market has taken a good support at 2850 levels and is taking a rally. Market faces its next resistance at 2900 – 3000 levels.
It seems that the market is trying to take a rally before Obama takes oath on 20th January. Let us see if the rally is able to sustain.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Balrampur Chin, Neyveli, Triveni, Renuka, Maruti, M&M, Nuclues, Moserbaer, Infosystech & Hind Petro..
Weak Futures
This is the list of 10 Weak Futures: Rolta, Sasken, TVS Motors, Sterlite Tech, Pantaloon, DLF, Uni Tech, Purva, Siemens & Punj Llyod.
_____________________________________________
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, January 15, 2009
Outlook for 16th January 2009
Daily trend of the market is Down.
One bank after the other is portraying bad picture and the macro economics is getting from bad to worse. All this is resulting in fall of the Indian Market.
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Balram Chin, Maruti, M&M, LIC, Nucleus, Dabur, Tata Tea, Infosys Tech, Grasim & Can Bk.
Weak Futures
This is the list of 10 Weak Futures: Rolta, TVS Motor, Strtech, Sasken, BRFL, Siemens, Punj Llyod, Pantaloon, Ansal Infra & DLF.
_____________________________________________
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.
_______________________________________________________________
One bank after the other is portraying bad picture and the macro economics is getting from bad to worse. All this is resulting in fall of the Indian Market.
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Balram Chin, Maruti, M&M, LIC, Nucleus, Dabur, Tata Tea, Infosys Tech, Grasim & Can Bk.
Weak Futures
This is the list of 10 Weak Futures: Rolta, TVS Motor, Strtech, Sasken, BRFL, Siemens, Punj Llyod, Pantaloon, Ansal Infra & DLF.
_____________________________________________
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, January 14, 2009
Outlook for 15th Januray 2009
Daily trend of the market is Down.
Market has taken a support near 2750 level and is trying to give a short term rally from here. Next resistance comes near 2900 - 3000 levels.
Overall the trend of the market is still down
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Can Bk, Infosystch, LIC, M&M, GMR Infra, Nucleus, India Cem, BEL, Dabur & Neyvelilig.
Weak Futures
This is the list of 10 Weak Futures: Rolta, TVS Motor, STAR, Punj Llyod, BRFL, Nagar Const, Siemens, Edu Comp & DLF.
_____________________________________________
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 has taken a support near 2750 level and is trying to give a short term rally from here. Next resistance comes near 2900 - 3000 levels.
Overall the trend of the market is still down
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Can Bk, Infosystch, LIC, M&M, GMR Infra, Nucleus, India Cem, BEL, Dabur & Neyvelilig.
Weak Futures
This is the list of 10 Weak Futures: Rolta, TVS Motor, STAR, Punj Llyod, BRFL, Nagar Const, Siemens, Edu Comp & DLF.
_____________________________________________
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, January 13, 2009
Outlook for 14th January 2009
Daily trend of the market is Down.
Indian markets are volatile and are still in downtrend. Though they have taken a support near 2750- 2800, so it has to be seen whether the market bounces back after taking this support
Till Indian market does not come in uptrend again we do not wish to buy
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: ABB, Aban, ACC, Aditya Birla, Adlads Films, AIA Eng, AL BK, Alok Text, APIL & Ambuja Cem.
Weak Futures
This is the list of 10 Weak Futures: Zee, Yes Bk, Wockpharma, WWIL, Wipro, Wel Guj, Voltas, Vijay Bk, Uni Phos & 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.
__________________________________________________________________
Indian markets are volatile and are still in downtrend. Though they have taken a support near 2750- 2800, so it has to be seen whether the market bounces back after taking this support
Till Indian market does not come in uptrend again we do not wish to buy
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: ABB, Aban, ACC, Aditya Birla, Adlads Films, AIA Eng, AL BK, Alok Text, APIL & Ambuja Cem.
Weak Futures
This is the list of 10 Weak Futures: Zee, Yes Bk, Wockpharma, WWIL, Wipro, Wel Guj, Voltas, Vijay Bk, Uni Phos & 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.
__________________________________________________________________
Monday, January 12, 2009
Outlook for 13th January 2009
Daily trend of the market is Down.
With uncertainty growing, the market is taking its toll and it is expected that market may remain in downtrend in near future. The Dow on short term seems to be oversold but we will have to wait for it to come in uptrend.
Till Indian market does not come in uptrend again we do not wish to buy
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Grasim, India Cem, Dabur, Maruti, Guj Alkali, BEL, Shree Cem, GTL, Sun Pharma, Neyvelilig.
Weak Futures
This is the list of 10 Weak Futures: Punj Lylod, Nagar Const, LITL, DLF, Ansal Infra, Star, TVS Motors, HDIL, R Com & Rolta.
_____________________________________________
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.
__________________________________________________________________
With uncertainty growing, the market is taking its toll and it is expected that market may remain in downtrend in near future. The Dow on short term seems to be oversold but we will have to wait for it to come in uptrend.
Till Indian market does not come in uptrend again we do not wish to buy
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Grasim, India Cem, Dabur, Maruti, Guj Alkali, BEL, Shree Cem, GTL, Sun Pharma, Neyvelilig.
Weak Futures
This is the list of 10 Weak Futures: Punj Lylod, Nagar Const, LITL, DLF, Ansal Infra, Star, TVS Motors, HDIL, R Com & Rolta.
_____________________________________________
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, January 11, 2009
Outlook for 12th January 2009
Daily trend of the market is Down.
Dow was unable to remain above the 9000 levels and hence has come in downtrend. The expectations from the world markets and Indian markets have not been met and temporarily the rally seems to be over
The recent developments in Indian sector and the Dow coming in downtrend has brought Indian Markets in downtrend.
The readers who had bought Nifty Futures at 2989 (approximately) on 1st January might have quitted their longs and booked loss on Friday when Nifty spot closed below 2900.
______________________________________________
Percentage above support
Percentage of stocks above support is also below 50% .So readers who had bought deliveries on 1st of January 2009 may quit them on 12th January and do not invest till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Guj. Alkali, Grasim, India Cem, Neyveli, Maruti, Can Bk, Balram Chini, Ultra Cem, Shree Cem & BEL.
Weak Futures
This is the list of 10 Weak Futures: LITL, Punj Lloyd, IVRCL Infrast, Ansal Infra, TVS Motors, Bombay Dyein, Strides Arcolab, DLF, HDIL & R Com
_____________________________________________
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 was unable to remain above the 9000 levels and hence has come in downtrend. The expectations from the world markets and Indian markets have not been met and temporarily the rally seems to be over
The recent developments in Indian sector and the Dow coming in downtrend has brought Indian Markets in downtrend.
The readers who had bought Nifty Futures at 2989 (approximately) on 1st January might have quitted their longs and booked loss on Friday when Nifty spot closed below 2900.
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Percentage above support
Percentage of stocks above support is also below 50% .So readers who had bought deliveries on 1st of January 2009 may quit them on 12th January and do not invest till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Guj. Alkali, Grasim, India Cem, Neyveli, Maruti, Can Bk, Balram Chini, Ultra Cem, Shree Cem & BEL.
Weak Futures
This is the list of 10 Weak Futures: LITL, Punj Lloyd, IVRCL Infrast, Ansal Infra, TVS Motors, Bombay Dyein, Strides Arcolab, DLF, HDIL & R Com
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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, January 06, 2009
Outlook for 7th January 2009
Daily trend of the market is Up.
Most of the world markets are in uptrend and they will become more stronger as they go up.
The trend of Indian market is also up and we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 then it will become negative for the market.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Sterlite Tech., India Info, JP Associat, Nagar Const, Dena Bank, Adlabs Film, Hind Zinc, ICICI Bank & Bajaj Hind.
Weak Futures
This is the list of 10 Weak Futures: Bhushan Steel, Bharti Airtel, Sterlin Bio, Satyam, TVS Motors, KPIT, Redington, Sunpharma, CMC & Colpal
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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.
__________________________________________________________________
Most of the world markets are in uptrend and they will become more stronger as they go up.
The trend of Indian market is also up and we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 then it will become negative for the market.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Sterlite Tech., India Info, JP Associat, Nagar Const, Dena Bank, Adlabs Film, Hind Zinc, ICICI Bank & Bajaj Hind.
Weak Futures
This is the list of 10 Weak Futures: Bhushan Steel, Bharti Airtel, Sterlin Bio, Satyam, TVS Motors, KPIT, Redington, Sunpharma, CMC & Colpal
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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, January 05, 2009
Outlook for 6th January 2009
Daily trend of the market is Up.
The trend of market is still up, so we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 then it will become negative for the market.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: India info., Dena Bank, Mosear Baer, IFCI, Strtech, Geship, Bajaj Hind, Nagar Const & Indusind Bank.
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Sterlin Bio, Rolta, Rendington, TVS Motors, Sunpharma, CMC, Bharti Airtel & Hind Uni Lvr
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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 trend of market is still up, so we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 then it will become negative for the market.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: India info., Dena Bank, Mosear Baer, IFCI, Strtech, Geship, Bajaj Hind, Nagar Const & Indusind Bank.
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Sterlin Bio, Rolta, Rendington, TVS Motors, Sunpharma, CMC, Bharti Airtel & Hind Uni Lvr
_____________________________________________
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, January 04, 2009
Outlook for 5th January 2009
Daily trend of the market is Up.
The trend of market is still up, so we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 then it will become negative for the market.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: India Info, Bajaj Hind, GMR infra, Nagar Const, HCC, Aptech training, Unitech, Matrix Labs, Jet Airways & Guj. Alkal.
Weak Futures
This is the list of 10 Weak Futures: Bhushan Steel, Rolta, Satyam, Sterling Bio, Jindal Saw, CMC, Infosys Tech, TVS Motors & Sunpharma
_____________________________________________
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 trend of market is still up, so we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 then it will become negative for the market.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: India Info, Bajaj Hind, GMR infra, Nagar Const, HCC, Aptech training, Unitech, Matrix Labs, Jet Airways & Guj. Alkal.
Weak Futures
This is the list of 10 Weak Futures: Bhushan Steel, Rolta, Satyam, Sterling Bio, Jindal Saw, CMC, Infosys Tech, TVS Motors & Sunpharma
_____________________________________________
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, January 01, 2009
Outlook for 2nd January 2009
Daily trend of the market is Up.
The trend of market is still up, so we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may 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.
______________________________________________
Percentage above support
Percentage above support are above 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: 3I infotech, Aban, ABB, ACC, Aditya Birla, Adlabs Films, AIA Eng., Allahabad bank, Alok Text & Alstom Projects.
Weak Futures
This is the list of 10 Weak Futures: Zeel, yes bank, Wockhard, WWIL, Wipro, Wel Guj, Voltas, Vijaya Bank, Uni Phos & Uni tech
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Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.
__________________________________________________________________
The trend of market is still up, so we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may 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.
______________________________________________
Percentage above support
Percentage above support are above 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: 3I infotech, Aban, ABB, ACC, Aditya Birla, Adlabs Films, AIA Eng., Allahabad bank, Alok Text & Alstom Projects.
Weak Futures
This is the list of 10 Weak Futures: Zeel, yes bank, Wockhard, WWIL, Wipro, Wel Guj, Voltas, Vijaya Bank, Uni Phos & 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.
__________________________________________________________________
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