Wednesday, September 07, 2011

Outlook for 8th September 2011

Daily trend of the market is Up
Today also market is moving above its immediate resistance, so for the time being market is looking good. Though we are watching the world markets also very closely and waiting for them to come in uptrend but till the trend of our market remains up go on holding the longs.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till percentage above support remains more than 50%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Ambuja Cement, TVS Motor, JP Associate, Hero Motors, Chambal Fert, Mundra Port, VIP Ind, Max India, IRB & Ruchi Soya .
Weak Futures
This is the list of 10 Weak Futures: KS Nagar Fert, KS Oils, Educomp, Moser Baer, Jet Airways, Triveni, GT Offshore, IFCI, OnMobile & 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.
________________________________________________________________

No comments: