Wednesday, September 01, 2010

Outlook for 2nd September 2010

Daily trend of the market is down
Market is taking a counter rally but as the overall trend is still down, 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, KFA, BPCL, Tata Comm, Mcdowell-N, Dish TV, UCO Bank, Indian Oil, Hind Petro & TV-18..
Weak Futures
This is the list of 10 Weak Futures: Suzlon, Hexaware Ltd, EKC, Chennai Petro, JP Associates, Tech Mahindra, KS Oils, Orbit Corp, Patel Eng & Hero Honda
_________________________________________________________________

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.
________________________________________________________________

No comments: