Daily trend of the market is down
Market is still in downtrend. So the readers who had quit their longs in 9th December may stay out of the market and do not create long positions till the trend remains down
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 31st October may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: JSW Energy, SKS Micro, Oriental Bank, Sun TV, Canara Bank, Petronet, IGL, Union Bank, Ultra Tech & Strides Arcolab.
Weak Futures
This is list of 10 Weak Futures: Rel Comm., Amtek Auto, Jain Irrigation, Rel Infra, GMR Infra, DLF, JSW Steel, Tata Steel, Unitech & Biocon.
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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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Friday, December 26, 2014
Friday, December 12, 2014
Outlook for 12th December 2014
Daily trend of the market is down
Market has come in downtrend so the readers who had been holding longs in nifty since 31st Oct, may quit them and remain out of the market till the trend remains down
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 31st October may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: MRF, Sun TV, LIC Housing, JSW Energy, PNB, Allahabad Bank, Kotak Bank, Mahindra Bank, ITC & Indian Paints.
Weak Futures
This is list of 10 Weak Futures: India Cement, HDIL, JP Associate, Bharti Airtel, Reliance Comm, Tata Steel, Just Dial, Reliance Infra, India Bulls & Real Estate.
_________________________________________________________________
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. ________________________________________________________________
Market has come in downtrend so the readers who had been holding longs in nifty since 31st Oct, may quit them and remain out of the market till the trend remains down
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 31st October may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: MRF, Sun TV, LIC Housing, JSW Energy, PNB, Allahabad Bank, Kotak Bank, Mahindra Bank, ITC & Indian Paints.
Weak Futures
This is list of 10 Weak Futures: India Cement, HDIL, JP Associate, Bharti Airtel, Reliance Comm, Tata Steel, Just Dial, Reliance Infra, India Bulls & Real Estate.
_________________________________________________________________
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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