Tuesday, August 31, 2010

Outlook for 1st September 2010

Daily trend of the market is down
Market is still in downtrend, so it is advisable that the readers may not create long positions in Nifty and stay away from the market till it does not come in upttrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so it is advisable that the readers do not create any long positions till percentage above support remain below 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Ruchi Soya, Cummins India, BPCL, Hind Petrol, UCO Bank, KFA, Tata Chem, Indian Oil, Tata Motors & Ambuja Cem .
Weak Futures
This is the list of 10 Weak Futures: Suzlon, JP Associates , Patni, Punj Llyod, Orbit Corp, Chennai Petro, Tech Mahindra, Patel Eng, EKC & HDIL
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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, August 30, 2010

Outlook for 31st August 2010

Daily trend of the market is down
Market is still in downtrend, so it is advisable that the readers may not create long positions in Nifty and stay away from the market till it does not come in upttrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now below 50%, so it is advisable that the readers may quit their long positions in cash market and do not create any long positions till percentage above support remain below 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BPCL, Hind Petrol, Bhushan Steel, Cummins India, UCO Bank, KFA, Petronet, PFC, Power Grid & Tata Comm.
Weak Futures
This is the list of 10 Weak Futures: Suzlon, HCC, EKC, Patni, Punj Llyod, Tech Mahindra, Nagar Cont, Patel Eng, Chennai Petro & Ivrcl Infra
_________________________________________________________________

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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Sunday, August 29, 2010

Outlook for 30th August 2010

Daily trend of the market is down
Market has now come in downtrend, so it a advisable that the readers who had been holding their longs bought on 15th June may now quit their longs and stay away from the market.
___________________________________________________________
Percentage above support
Percentage of stocks above support is barely above 50%, so it is advisable that the readers who had been holding long positions in cash market may hold them with strict stoplosses. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BPCL, Hind Petrol, Cummins India, UCO Bank, Bhushan Steel, Petronet, TV-18, Patni,Crompton Greaves & KFA.
Weak Futures
This is the list of 10 Weak Futures: Suzlon, EKC, HCC, Punj Llyod, Rel Infra, Tech Mahindra, Patel Eng, Sesa Goa, Nagar Cont & JP Associates
_________________________________________________________________

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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Friday, August 27, 2010

Outlook for 27th August 2010

Daily trend of the market is up
Since past many days market has been trading in a very small range and not able to break out from it. Now that the clearing is over, so market is expected to settle down and show more clarity. 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.
___________________________________________________________
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: BPCL, UCO Bank, Hind Petrol, Bhushan Steel, Crompton Greaves, Petronet, Orient Bank, KFA, Patni & Jindal Steel.
Weak Futures
This is the list of 10 Weak Futures: Nagar Cont, EKC, Punj Llyod, Patel Eng, Rel Infra, RCOM, Tech Mahindra, HCC, Sesa Goa & Aban Off shore
_________________________________________________________________

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, August 25, 2010

Outlook for 26th August 2010

Daily trend of the market is up
Market is taking the correction as expected and as the clearing is approaching so expect the volatility to continue. But the trend is still 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 Petronet, BPCL, KFA, Bhushan Steel, UCO Bank, Hind Petrol, Tata Chem, Orient Bank, Patni & Jindal Steel.
Weak Futures
This is the list of 10 Weak Futures: Nagar Cont, HCC, Patel Eng, EKC, Rel Infra, Sesa Goa, Punj Llyod, Ivrcl Infra, KS Oils & GLAXO.
_________________________________________________________________

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, August 24, 2010

Outlook for 25th August 2010

Daily trend of the market is up
Market has taken some correction today and as Dollar index is going up, so expect some more correction in the market . But the trend is still 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: KFA, Petronet, BPCL, Bhushan Steel, HPCL, Tata Chem, Tata Motors, Allahabad Bank, Vijaya Bank and Titan.
Weak Futures
This is the list of 10 Weak Futures: Sterlite, Suzlon, VSNL, RNRL, Sesagoa, Punjlloyd, Ivrcl Infra, HCC,Nagar Cont, Patel Eng.
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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, August 23, 2010

Outlook for 24th August 2010

Daily trend of the market is up
Market is trading in a sideways zone and also clearing is approaching so it is better to remain cautious. 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.
___________________________________________________________
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: KFA, Petronet, BPCL, Bhushan Steel, Hind Petro, UCO Bank, Tata Comm, Tata Chem, Vijaya Bank & Syndicate Bank.
Weak Futures
This is the list of 10 Weak Futures: RNRL, Sesa Goa, RCOM, Punj Lloyd, Rel Infra, National Alum, Nagar Const, ICSA, R Power & 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.
________________________________________________________________

Sunday, August 22, 2010

Outlook for 23rd August 2010

Daily trend of the market is up
At the present levels market is trading at resistance and also clearing is approaching so it is better to remain cautious. 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.
___________________________________________________________
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: KFA, UCO Bank, Bhushan Steel, Tata Comm, Petronet, Vijaya Bank, Orient Bank, Aurobindo Ph, DCB & Tata Chem.
Weak Futures
This is the list of 10 Weak Futures: RNRL, RCOM, Sesa Goa, Punj Lloyd, National Alum, HCC, R Power, GT Offshore, ABB & Educomp.
_________________________________________________________________

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, August 19, 2010

Outlook for 20th August 2010

Daily trend of the market is up
The market has crossed its important resistance levels and is 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.
___________________________________________________________
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: UCO Bank, KFA, Petronet, Vijaya Bank, Tata Motors, Tata Chem, Bhushan Steel, Yes Bank, Grasim & Tata Comm.
Weak Futures
This is the list of 10 Weak Futures: Suzlon, RNRL, RCOM, Sesa Goa, Punj Lloyd, Aban Off shore, National Alum, R Power, Cipla & Rel Infra.
_________________________________________________________________

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, August 18, 2010

Outlook for 19th August 2010

Daily trend of the market is up
Today we witnessed a sharp rally, but as there is resistance at the 5500 level, so it is better to remain cautious. And as the trend is still 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: UCO Bank, Vijaya Bank, Tata Motors, Tata Chem, Tata Comm, Andhra Bank, Syndicate Bank, Cummins India, Bank of Baroda & Dena Bank.
Weak Futures
This is the list of 10 Weak Futures: Suzlon, RNRL, Sesa Goa, Aban Off shore, Punj Lloyd, RCOM, Rel Infra, R Power, Cipla & ICSA.
_________________________________________________________________

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, August 17, 2010

Outlook for 18th August 2010

Daily trend of the market is up
Market is unable to come out of its sideways zone. A break either side will give further direction to the market. So it is better to remain cautious. And as the trend is still 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: UCO Bank, Tata Comm, Vijaya Bank, Syndicate Bank, Orient Bank, Cummins India, Tata Motors, Tata Chem, Allahabad Bank & IOB. .
Weak Futures
This is the list of 10 Weak Futures: RNRL, Sesa Goa, Suzlon, Punj Lloyd, Rel Infra, RCOM, Aban Off shore, Educomp, ICSA & Cipla.
_________________________________________________________________

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, August 16, 2010

Outlook for 17th August 2010

Daily trend of the market is up
Market is moving in a very small range between 5350 and 5500. A break either side will give further direction to the market. So it is better to remain cautious. And as the trend is still 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: UCO Bank, Cummins India, Allahabad Bank, Tata Motors, Orient Bank, Tata Comm, Tata Chem, Bank Of India, SBIN & Andhra Bank. .
Weak Futures
This is the list of 10 Weak Futures: RNRL, Sesa Goa, Suzlon, RCOM, Punj Lloyd, Nagar Const, Rel Infra, R Power, Cipla & EKC.
_________________________________________________________________

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, August 12, 2010

Outlook for 13th August 2010

Daily trend of the market is up
Market is sideways but it may take the support at current levels and go up again. 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.
___________________________________________________________
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: Tata Motors, Petronet, Tata Comm, Bank Of India, UCO Bank, SBIN, Hind Petro, Allahabad Bank, IOB & RECL.
Weak Futures
This is the list of 10 Weak Futures: ITC, RNRL, Nagar Const, Punj Lloyd, EKC, R Power, Moser Bear, ICSA, Reliance & Federal Bank.
_________________________________________________________________

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, August 11, 2010

Outlook for 12th August 2010

Daily trend of the market is up
Market is taking correction and it seems that it may go down further till its support, 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.
___________________________________________________________
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: Petronet, Tata Motors, Tata Comm, Allahabad Bank, Hind Zinc, IOB, Bank Of India, Tata Chem, UCO Bank & Dish TV.
Weak Futures
This is the list of 10 Weak Futures: RNRL, ITC, Nagar Const, Punj Lloyd, Patni, R Power, EKC, ABB, Rcom & Maruti.
_________________________________________________________________

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, August 10, 2010

Outlook for 11th August 2010

Daily trend of the market is up
Market is moving in a sideways zone and is unable to come out of it. 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.
___________________________________________________________
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: Petronet, Educomp, Tata Motors, Hind Zinc, IOB, Allahabad Bank, UCO Bank, MLL, Bank Of India & ICICI Bank.
Weak Futures
This is the list of 10 Weak Futures: ITC, RNRL, Patni, Punj Lloyd, Nagar Const, EKC, ABB, R Power, Finance Tech & Reliance.
_________________________________________________________________

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, August 09, 2010

Outlook for 10th August 2010

Daily trend of the market is up
After taking the correction market has restarted going up. So 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.
___________________________________________________________
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: Petronet, IOB, Allahabad Bank, Tata Motors, Tata Chem, MLL, Educomp, Hind Zinc, UCO Bank & Dish TV.
Weak Futures
This is the list of 10 Weak Futures: RNRL, Patni, Punj Lloyd, Nagar Const, Finance Tech, R Power, EKC, Reliance, Maruti & Dr Reddy.
_________________________________________________________________

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, August 08, 2010

Outlook for 9th August 2010

Daily trend of the market is up
The market is taking correction and may go down till its support, 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.
___________________________________________________________
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: Petronet, IOB, Allahabad Bank, MLL, Dish TV, Bank Of India, HCL Tech, Tata Motors, Hind Zinc & UCO Bank.
Weak Futures
This is the list of 10 Weak Futures: RNRL, Patni, Nagarjuna Const, Punj Lloyd, EKC, R Power, TV-18, RCOM, Maruti & Federal Bank.
_________________________________________________________________

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.
________________________________________________________________

Friday, August 06, 2010

Outlook for 6th August 2010

Daily trend of the market is up
The market has taken some resistance and may take some correction, 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.
___________________________________________________________
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: Petronet, MLL, Allahabad Bank, IOB, Bank Of India, Hind Zinc, UCO Bank, HCL Tech, Orient Bank & Vijaya Bank.
Weak Futures
This is the list of 10 Weak Futures: RNRL, Punj Lloyd, Patni, TV-18, Nagarjuna Const, EKC, R Power, RCOM, India Hotel & 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.
________________________________________________________________

Thursday, August 05, 2010

Outlook for 5th August 2010

Daily trend of the market is up
The market at present is its resistance and may give some correction, 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.
___________________________________________________________
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: Petronet, Idea, Allahabad Bank, Bank Of India, UCO Bank, Orient Bank, HCC, IOB, Vijaya Bank & Bajaj Auto..
Weak Futures
This is the list of 10 Weak Futures: RNRL, Punj Lloyd, EKC, TV-18, Patni, Maruti, ABB, R Power, Finance Tech & JP Associates.
_________________________________________________________________

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, August 03, 2010

Outlook for 4th August 2010

Daily trend of the market is up
It seems that market may give some correction and consolidate 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.
___________________________________________________________
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: Petronet, Allahabad Bank, Bank Of India, Orient Bank, Idea, UCO Bank, Vijaya Bank, Bharti Airtel, HCC & Hind Zinc.
Weak Futures
This is the list of 10 Weak Futures: RNRL, TV-18, Patni, EKC, R Power, Maruti, RCOM, Finance Tech, FSL & 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, August 02, 2010

Outlook for 3rd August 2010

Daily trend of the market is up
Market has taken a good support at 5350 and has started going up again. So till the trend remains 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: Orient Bank, Bank Of India, Allahabad Bank, UCO Bank, Vijaya Bank, Idea, Petronet, HCC, Bajaj Auto & Purva.
Weak Futures
This is the list of 10 Weak Futures: RNRL, TV-18, Patni, Maruti, EKC, Polaris, Hero Honda, FSL, ABB & JP Associates.
_________________________________________________________________

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.
________________________________________________________________