Wednesday, June 30, 2010

Outlook for 1st July 2010

Daily trend of the market is up
The market has taken a good support and has started going up. Till market goes on holding its major support the trend will remain up, so the readers who had created long positions in Nifty on 15th June may go on holding the longs.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hind Petro, BPCL, GTL Infra, Aban Off shore, BRFL, RCOM, Dish TV, ONGC, TV-18 & RNRL.
Weak Futures
This is the list of 10 Weak Futures: Patni, Sterling Biotech, Grasim, Pir Health, Jindal Steel, Sesa Goa, Mphasis, India Cement, Sail & Andhra Bank.
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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, June 29, 2010

Outlook for 30th June 2010

Daily trend of the market is up
The market is again taking a correction, but at present it is at its major support, if that support is broken then the trend may turn to downtrend. But till the trend is up, the readers who had created long positions in Nifty on 15th June may go on holding the longs.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hind Petro, GTL Infra, BPCL, ONGC, Aban Off shore, RCOM, RNRL, Bajaj Auto, Orchid Chem & BRFL.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Mphasis, Jindal Steel, HCL Tech, DCHL, Yes Bank, Sail, Pir Health, Hindalco & India Cement.
_________________________________________________________________

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, June 28, 2010

Outlook for 29th June 2010

Daily trend of the market is up
Though the market is still overbought, ideally some more correction would have made the market more healthy but The market has regained its upward movement. So as the trend is still up, the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hind Petro, GTL Infra, RCOM, BPCL, RNRL, ONGC, BRFL, Essar Oil, Renuka & Orchid Chem.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Mphasis, HCL Tech, India Cement, Petronet, DCHL, Indian Bank, Federal Bank, Yes Bank & Tulip.
_________________________________________________________________

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, June 27, 2010

Outlook for 28th June 2010

Daily trend of the market is up
The market is taking some more correction but as the trend is still up, the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hind Petro, GTL Infra, BPCL, BRFL, RCOM, RNRL, Orchid Chem, Dish TV, ONGC & Bajaj Auto.
Weak Futures
This is the list of 10 Weak Futures: Grasim, HCL Tech, DCHL, Corp Bank, India Cement, Mphasis, PFC, PTC, Orient Bank & Hind Zinc.
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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.
________________________________________________________________

Thursday, June 24, 2010

Outlook for 25th June 2010

Daily trend of the market is up
The market is taking the much needed correction but as the trend is still up, the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BRFL, Dish TV, RCOM, Orchid Chem, IOB, Asian Paint, RNRL, Sun Pharma, GTL Infra & Voltas.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Mphasis, Petronet, HCL Tech, DCHL, Chennai Petro, Bank of Baroda, PTC, Tulip & NTPC.
_________________________________________________________________

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, June 23, 2010

Outlook for 24th June 2010

Daily trend of the market is up
The market is still overbought, and some more correction is needed so that it becomes healthy again to go up, but as the trend is still up, the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Dish TV, RCOM, Voltas, Orchid Chem, BRFL, IOB, RNRL, MTNL, Rel Capital & Tata Tea.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Patni, Mphasis, Petronet, DCHL, Pir Health, Chennai Petro, Tulip, NTPC & HCL 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.
________________________________________________________________

Tuesday, June 22, 2010

Outlook for 23rd June 2010

Daily trend of the market is up
As the market has become overbought so it may take much needed correction, but as the trend is still up, the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BRFL, RNRL, IOB, RCOM, Renuka, Indusind Bank, Voltas, Biocon, MTNL & LT.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Patni, Educomp, Petronet, Tulip, Mphasis, Yes Bank, Bharti Airtel, Suzlon & Chennai Petro.
_________________________________________________________________

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, June 21, 2010

Outlook for 22nd June 2010

Daily trend of the market is up
Market is still continuing its upward momentum. So as the trend is still up, the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RCOM, BRFL, Rel Capital, LT, RNRL, LITL, Asian Paint, IOB, ICSA & Renuka.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Patni, Educomp, BPCL, Petronet, DCHL, Pir Health, Tulip, Bharti Airtel & Mphasis.
_________________________________________________________________

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, June 20, 2010

Outlook for 21st June 2010

Daily trend of the market is up
Market has become overbought now and some correction is needed, but as the trend is still up, so the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RCOM, RNRL, MTNL, LITL, LT, Asian Paint, Renuka, BRFL, Uniphos & Dish TV.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Educomp, Tata Steel, BPCL, Petronet, Pir Health, DCHL, JSW Steel, KS Oils & Tulip.
_________________________________________________________________

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, June 17, 2010

Outlook for 18th June 2010

Daily trend of the market is up
Market is still moving in a good uptrend, so the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RNRL, RCOM, R Power, Rel Capital, MTNL, TTML, Rel Infra, TV-18, LITL & BRFL.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Educomp, Chennai Petro, Pir Health, Tata Steel, Petronet, India Hotel, Tulip, JSW Steel & BPCL.
_________________________________________________________________

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, June 16, 2010

Outlook for 17th June 2010

Daily trend of the market is up
Market is still moving in a good uptrend and as markets worldwide are also coming in uptrend so the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RNRL, RCOM, R Power, LITL, Rel Capital, TTML, Renuka, Dish TV, GTL Infra & TV-18.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Educomp, Tata Steel, MLL, Pir Health, Bhushan Steel, Finance Tech, Chennai Petro & BPCL.
_________________________________________________________________

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, June 15, 2010

Outlook for 16th June 2010

Daily trend of the market is up
Market is still moving well in its uptrend momentum. So even though international markets are still in downtrend, readers who are long may hold the long positions in Nifty till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RNRL, RCOM, R Power, BRFL, Dish TV, Renuka, Rel Infra, TV-18, Rel Capita & Vijaya Bank.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Punj Lloyd, KS Oils, BPCL, MTNL, Sesa Goa, MLL, Educomp & 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.
________________________________________________________________

Monday, June 14, 2010

Outlook for 15th June 2010

Daily trend of the market is up
Our market is moving in a good uptrend. So even though inter national markets are still in downtrend, risky traders may create long positions in Nifty and hold them till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RNRL, RCOM, Dish TV, Nagarjuna Const, TV-18, R Power, BRFL, Rel Infra, UCO Bank & Rel Capital.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, Punj Lloyd, Suzlon, MTNL, KS Oils, DLF, MLL, Tata Steel & India Info.
_________________________________________________________________

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, June 13, 2010

Outlook for 14th June 2010

Daily trend of the market is up
Even though our market is in uptrend but markets world wide are still in downtrend. So it is advisable to remain cautious and not create long positions and stay away from the market.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers who wish to create positions in cash market may invest with low volumes. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BRFL, RCOM, Recltd, Dr Reddy, TV-18, UCO Bank, Dish TV, Asian Paint, Bajaj Auto & Colpal.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, Punj Lloyd, KS Oils, Suzlon, MTNL, Hindalco, Tata Steel, India Info & MLL.
_________________________________________________________________

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, June 10, 2010

Outlook for 11th June 2010

Daily trend of the market is up
The volatility is still continuing.
Even though out market is in uptrend but it is better to remain cautious and till world wide markets are in downtrend, it is better to stay away from the market and re-enter when some more clarity comes in the market.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now below 50%, so it is advisable not to hold long positions in cash market till percentage above support does not come above 50%.

________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RCOM, Dr Reddy, BRFL, TV-18, Dish TV, Asian Paint, Uniphos, UCO Bank, Vijaya Bank & Nagarjuna Const.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, KS Oils, Punj Lloyd, Suzlon, MLL, MTNL, Hindalco, Tata Steel & Triveni.
_________________________________________________________________

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, June 09, 2010

Outlook for 10th June 2010

Daily trend of the market is up
We are witnessing too much of volatility in our market.
Even though our market is in uptrend but as world wide markets are in downtrend so it is better to stay away from the market and re-enter when some more clarity comes in the market.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now below 50%, so it is advisable not to hold long positions in cash market till percentage above support does not come above 50%.

________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RCOM, Dr Reddy, Asian Paint, UCO Bank, Colpal, Vijaya Bank, Federal Bank, ONGC , TV-18 & Renuka.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, KS Oils, Hindalco, MLL, Punj Lloyd, Triveni, Suzlon, Tata Steel & 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, June 08, 2010

Outlook for 9th June 2010

Daily trend of the market is up
Even though the trend of Indian Stock market is still up but as worldwide markets are coming in downtrend, so expect our market to also follow them. So it is better to stay away from the market and re-enter when some more clarity comes in the market.
___________________________________________________________
Percentage above support
Percentage of stocks above support is above 50%, so the readers who have created long positions in cash market may hold the longs till the percentage of shares above support remains above 50%
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Colpal, RCOM, Vijaya Bank, UCO Bank, Federal Bank, Dabur, Asian Paint, Dish TV, Renuka & Hind Uni Lvr.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Hindalco, Tata Steel, Bhushan Steel, Punj Lloyd, KS Oils, Suzlon, Triveni & MLL.
_________________________________________________________________

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, June 07, 2010

Outlook for 8th June 2010

Daily trend of the market is up
Taking cues from global markets we witnessed a fall in our markets.
Trend of Indian stock market still remains up, but do expect volatility to remain for some time.
___________________________________________________________
Percentage above support
Percentage of stocks above support is above 50%, so the readers who have created long positions in cash market may hold the longs till the percentage of shares above support remains above 50%
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RCOM, UCO Bank, Vijaya Bank, Colpal, Uniphos, Dish TV, Federal Bank, Bank of Baroda, ONGC & Dr Reddy.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Punj Lloyd, Tata Steel, Bhushan Steel, Suzlon, MLL, Hindalco, KS Oils & Ster.
_________________________________________________________________

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.

Saturday, June 05, 2010

Outlook for 7th June 2010

Daily trend of the market is up
Trend of Indian stock market is up but the fall in US markets overnight will see our markets opening much lower. Our trend remains up, but volatility is likely to stay for some time.
___________________________________________________________
Percentage above support
Percentage of stocks above support is above 50%, so the readers who have created long positions in cash market may hold the longs till the percentage of shares above support remains above 50%
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: RCOM, UCO Bank, Uniphos, Colpal, Federal Bank, Vijaya Bank, Purva, Dish TV, TV-18 & ONGC.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Punj Lloyd, Bhushan Steel, Suzlon, Tata Steel, KS Oils, Mphasis, MLL & Triveni.
_________________________________________________________________

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, June 03, 2010

Outlook for 4th June 2010

Daily trend of the market is up
Market has closed in an uptrend. So now as the long term trend is up , the readers may create long positions in Nifty and hold them till the trend remain up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold the longs till the percentage of shares above support remains above 50%
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: ONGC, RCOM, UCO Bank, Nagarjuna Const, Vijaya Bank, Colpal, DCB, Federal Bank, Uniphos & Yes Bank.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Punj Lloyd, Bhushan Steel, Suzlon, Tata Steel, MTNL, Triveni, Hindalco & Mphasis.
_________________________________________________________________

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, June 02, 2010

Outlook for 3rd June 2010

Daily trend of the market is down
After taking a good correction it seems as if the market may go up again for nother counterrally. But as the trend is still down, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so it is advisable that the readers do ot create any positions in cash markets. We will wait for the market to come in uptrend and also the percentage of stocks above support to come above 50% before we start creating fresh long positions in cash market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Colpal, DCB, UCO Bank, Vijaya Bank, Renuka, ONGC, Federal Bank, TV-18, Hind Petro & Dr Reddy.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Punj Lloyd, Bhushan Steel, Suzlon, Tata Steel, Patel Engineering, MTNL, Mphasis & Hind Zinc.
_________________________________________________________________

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, June 01, 2010

Outlook for 2nd June 2010

Daily trend of the market is down
The counter rally seems to be over and the market has restarted coming down . And as the trend is still down, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so it is advisable that the readers do ot create any positions in cash markets. We will wait for the market to come in uptrend and also the percentage of stocks above support to come above 50% before we start creating fresh long positions in cash market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: DCB, Federal Bank, Dr Reddy, UCO Bank, Hind Petro, Tulip, ONGC, Vijaya Bank, TV-18 & ABB.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Punj Lloyd, MTNL, Bhushan Steel, Mphasis, Idea, Suzlon, Tata Steel & MLL.
_________________________________________________________________

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.
________________________________________________________________