Outlook for 17th October 2013

Daily trend of the market is up

Market has touched its first resistance from where a small correction may come. But as overall trend is up, so the readers who had bought on 10^th October may go on holding them till the trend remains up.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers may go on holding longs in cash market.

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Strong Futures

This is list of 10 Strong Futures: PTC, Tata Comm, JP Power, Tata Motors, Tech Mahindra, Karnataka Bank, Fedral Bank, Arvind, Adani Port & TCS.

Weak Futures

This is list of 10 Weak Futures: IOC, Finan tech, Hind Petro, NHPC, OPTO Circuits, Coal india, Apollo typre, PNB, Hind Uni Lvr & Kotak 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.

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Outlook for 10th October 2013

Daily trend of the market is up

Market has closed above its resistance and has come in uptrend. So the readers may create  long positions in nifty and hold them till the trend remains up.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers may go on holding longs in cash market.

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Strong Futures

This is list of 10 Strong Futures: Arvind, Punj Llyod, Tata Comm, PTC, GMR Infra, JSW Steel, Voltas, Sun Pharma, Sail & IFCI.

Weak Futures

This is list of 10 Weak Futures: Yes Bank, ZEEL, FinanTech, IOC, SBIN, Hind Uni Lvr,SR Trans Fin, Opto Circuits, GSKCons & PNB.

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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.

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Outlook for 7th October 2013

Daily trend of the market is down

Market is taking a counter rally and is trading at its first resistance zone. Next few trading days are very crucial for the trend of the market. And as long tern trend is down, so the readers may stay out of the market and do not create any long positions till the trend remains down.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers may go on holding longs in cash market.

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Strong Futures

This is list of 10 Strong Futures: Tata Comm, GMR Infra, JSW Steel, Arvind, Ashok Ley, Jain Irrigation, Auro Pharma, Sail, Uniphos & LIC Hsg.

Weak Futures

This is list of 10 Weak Futures: Finan Tech, Opto Circuits, ONGC, Mcleodruss, SR Trans Fin, PNB, Hind Uni Lvr, Adani Power, Godrej Ind & DLF.

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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.

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Outlook for 1st October 2013

Daily trend of the market is down

Market has broken its major level and has come in downtrend. So the readers who had benn holding longs since 5^th September may now quit the longs and stay out of the market.

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Percentage above support

Percentage of stocks above support is still above 50%, so the readers may go on holding longs in cash market.

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Strong Futures

This is list of 10 Strong Futures: GMR Infra, JSW Steel, Ashok Ley, Renuka, Auro Pharma, GSPL, Sun Pharma, NHPC, BPCL & Tata Comm.

Weak Futures

This is list of 10 Weak Futures: Finan Tech, DLF, Opto Circuits, Ranbaxy, JP Asso, Unitech, Union Bank, Ibrealest, Orient Bank & Adani Power.

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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.

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