Monday, September 06, 2010

Outlook for 7th September 2010

Daily trend of the market is up
The market has broken its major resistance and has come in uptrend and also all the major markets worldwide are in uptrend . So the readers may create long positions and hold them till the trend remains in uptrend
___________________________________________________________
Percentage above support
Percentage of stocks above support is above 50%, so the readers may create longs positions in cash market and hold them till the percentage of stocks above support remain above 50% ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Apollo Tyre, KFA, BEML, Ruchi Soya, Exide Ind, Hotel Leela, Bajaj Auto, Petronet, DISH TV & Tata Chem.
Weak Futures
This is the list of 10 Weak Futures: Hero Honda, Chennai Petro, Hind Const, Sesa Goa, Punj Lloyd, Orbit Corp, RCOM, IVRCL Infra, Suzlon & KS Oils.
_________________________________________________________________

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: