Wednesday, May 31, 2017

Outlook of Indian Stock Market for 1st June, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. We go on holding Nifty till trend is up. As far as cash stocks is concerned, we still wait. _____________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures MAHINDRA & MAHINDRA FINA, Escorts India, PC JEWELLER, IBULHSGFIN, Ashok Leyland, KAVERI SEED COMPANY, South Indian Bank, LIC Housing Finance, Indraprastha Gas and Mah & Mah Weak Futures This is list of 10 Weak Futures: Sintex Industries, Reliance Comm, Bharat Heavy Elect, Bank of India, Power Finance Corporatio, IDBI BANK, Allahabad Bank, Reliance Infra, Dish TV and JUBLFOOD ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Tuesday, May 30, 2017

Outlook of Indian Stock Markets for 31st May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. We go on holding Nifty till trend is up. The fall in cash stocks has stopped on 30th May in Indian Equity Markets but let us see if they can go up after trading of 31st May. _____________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures : PC JEWELLER, Ashok Leyland, KAVERI SEED, Jindal Steel & Power, Escorts India, ITC, , Motherson Sumi, Hindustan Unilever and NIIT Technologies Weak Futures This is list of 10 Weak Futures: Sintex Industries, Reliance Comm, Reliance Infra, Bharat Heavy Elect, IFCI Ltd..EQ, Reliance Capital, JUBLFOOD, IDBI BANK, Glenmark Pharma and Allahabad Bank ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Monday, May 29, 2017

Outlook of Indian Stock Market for 30th May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. We go on holding Nifty till trend is up. As far as cash stocks are concerned, the percentage support is still below 50% so we wait for it to come up so that we buy cash stocks again. Overall cash stocks are under performing. ______________________________________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures : PC JEWELLER, ITC, Escorts India, KAVERI SEED, Hindustan Unilever , Ashok Leyland, Motherson Sumi, Bharat Petroleum,IBULHSGFIN and South Indian Bank Weak Futures This is list of 10 Weak Futures: Sintex Industries, Reliance Comm, Reliance Infra, IFCI, Reliance Capital, MAX FINANCIAL, Bank of India, CG POWER AND INDUSTRIAL , IDBI BANK and Reliance Power ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Sunday, May 28, 2017

Outlook of Indian Stock Market for 29th May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. We go on holding Nifty till trend is up. As far as cash stocks are concerned, the percentage support is still below 50% so we wait for it to come up so that we buy cash stocks again. ______________________________________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures : Jindal Steel & Power, Hindustan Petroleum, Ashok Leylan, ITC, KAVERI SEED COMPANY, Jaiprakash Associates, Motherson Sumi, MindTree, ICICI BANK CG POWER Weak Futures This is list of 10 Weak Futures: Sintex Industries, Reliance Comm, Glenmark Pharma, Lupin, Cipla, Bank of India, MAX FINANCIAL, IDBI BANK, IFCI Ltd and Allahabad Bank. ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Thursday, May 25, 2017

Outlook of Indian Stock Market for 26th May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. As nifty was in uptrend, US markets had a near new high closing and US futures in the positive, markets were ready for a counter rally in Nifty as we were expecting. Cash stocks are still under performers. Eyes would remain on the US markets still as remember that cash stocks are not performing well in US also like in Indian markets. Fed going easy for rate hikes probably was the trigger of thursday rally. ______________________________________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures : MindTree, CG POWER AND INDUSTRIAL, ICICI BANK, INFIBEAM INCORPORATION, Hindustan Unilever, Jindal Steel & Power, Motherson Sumi, ITC, HDFC Bank and IndusInd Bank Weak Futures This is list of 10 Weak Futures: Sintex Industries, Dish TV India, Glenmark Pharma, Reliance Comm, IDBI BANK, Bank of India, Reliance Infra, IFCI, Lupin and Reliance Capital ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Wednesday, May 24, 2017

Outlook of Indian Stock Market for 25th May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. Nifty is still holding on though the overall market cash stocks have taken a heavy beating. If you see below, then our percentage stocks were below 50% on 20th May and the cash stocks fall has increased since then. Can we see a counter rally in Nifty on the clearing day on thursday?. It seems all eyes would be on US markets whether they can make a new closing high or not. ______________________________________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong FuturesITC , Hindustan Unilever, ICICI BANK, Hero MotoCorp, Maruti Suzuki India, Motherson Sumi, HCL Technologies, HDFC Bank, Godrej Industries and MindTree Weak Futures This is list of 10 Weak Futures: Jaiprakash Associates, Bank of India, Reliance Comm, IDBI BANK, Reliance Infra, Jain Irrigation Systems , IFCI, Glenmark Pharma, BEML and RELIANCE DEFENCE ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Tuesday, May 23, 2017

Outlook of the Indian Stock Markets for 24th May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. Cash stocks are still under performing here in India though the US markets have been showing strength in last 3 trading days. It shows that our markets are weak. But if US markets make a new high, then sooner or later our markets might catch up again as Nifty is still in uptrend though breadth of the market it weak. 25th May is the monthly clearing, let us see how markets react till then. Trading on the US markets today would be keenly watched. ______________________________________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures: ITC, Hindustan Unilever, HCL Technologies, Hero MotoCorp , Container Corp of India, Motherson Sumi Sys, ICICI BANK, Maruti Suzuki,Bharti Airtel and CEAT Limited Weak Futures This is list of 10 Weak Futures: Jaiprakash Associates, Bank of India, Glenmark Pharma, INDO COUNT INDUSTRIES, Reliance Comm, BHARAT FINANCIAL, IFCI, Jain Irrigation Systems , STRIDES SHASUN and IDBI BANK. ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Monday, May 22, 2017

Outlook of Indian Stock Market for 23rd May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. Cash stocks have been the laggards for last two trading sessions which is pulling the markets down. Only Nifty is in uptrend. If you observed yesterday that we removed the line of percentage stocks above 50% as that had come below 50% so we suggested to liquidate and profit take in cash stocks. Nifty would be formally put in downtrend when it closes below 9300 spot levels which is its important support now.(Someone sent an email that markets always come up after falling so what is the use of selling cash stocks, well, the answer depends on you and your risk taking capacity, here we strictly follow technical parameters and that has nothing to do with fundamental analysis. Both have their own plus and minus and in a one side bull run, it is always the fundamentals win whereas in a bear run, it is the technical). ______________________________________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures: ITC, Motherson Sumi,BHARTI INFRATEL, Hindustan Unilever, PIRAMAL ENTERPRISES, Hexaware Technologie, MARICO, CEAT, Bharti Airtel and Hero MotoCorp Weak Futures This is list of 10 Weak Futures: Glenmark Pharma, Bank of India, IDBI BANK, IFCI, STRIDES SHASUN, Bajaj Finserv, GUJARAT STATE FERT,Kirloskar Cummins, Jet Airways (India) and Punjab National Bank ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Saturday, May 20, 2017

Outlook of Indian Stock Market for 22nd May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. Markets did not fall on friday with US and main indices holding on. Strangely, the cash stocks saw a profit taking in India as well as US. Overall structure of equity markets is disturbed till markets do not make a new high. Here in India we go on holding our longs till trend remains up. But it is suggested that one should start taking profits in cash stocks now since we bought on 1st January and are sitting in good profits. 9300 nifty index is the major support, a breach of which on closing basis would call for the uptrend to change. ______________________________________________________________________________________ Strong Futures This is list of 10 Strong Futures: PIRAMAL ENTERPRISES, CEAT, CG POWER , Hindustan Unilever, South Indian Bank, Escorts India, ITC, State Bank of India, Hexaware Technologies and ICICI BANK Weak Futures This is list of 10 Weak Futures: Glenmark Pharma, BHARAT FINANCIAL, IDBI BANK, Kirloskar Cummins, Jain Irrigation Systems, Punjab National Bank, CESC, Capital First, IRB Infrastructure and IFCI ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Thursday, May 18, 2017

Outlook of the Indian Stock Market for 19th May, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend is still up so we go on holding our longs till trend does not reverse. We had been talking continuously of things like "Sell in May and Go Away", "US Vix is at near 20 year low means noone is worried", well, the bear strikes at that time only when noone thinks that markets can fall also. The first damage to the world markets has been done by US markets falling sharply with a gap. Ideally speaking we should get a counter rally from tomorrow onward if markets had a normal correction. Hence trading of Friday would be a key day to watch in equity markets. If they close weak, then chances are that uptrend is broken. ______________________________________________________________________________________ Percentage of stocks above support came above 50% on 1st January, and are still above 50% and till then we keep holding the deliveries. Strong Futures This is list of 10 Strong Futures: CEAT, PIRAMAL ENTERPRISES,Hexaware Technologies, ICICI BANK, Hero MotoCorp, CG POWER AND INDUSTRIAL , Mang. Ref & Petochem, DLF, South Indian Bank and Pidilite Industries Weak Futures This is list of 10 Weak Futures: Glenmark Pharma, CESC, IDBI BANK, Jain Irrigation Systems, BHARAT FINANCIAL, Punjab National Bank, Bharat Forge, IRB Infrastructure, Fortis Healthcare and Capital First ------------------------------------------------------------------------------------------------------------------------------------- Free Letter Disclaimer 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.

Wednesday, May 17, 2017

Outlook of Indian Stock Market for 18th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend still up so we go on holding our longs till trend does not reverse. Though markets are overbought but till trend is up, we hold.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: CEAT, PIRAMAL ENTERPRISES, CG POWER, DLF, DALMIA BHARAT, Indiabulls Real Estate, Escorts India, Hero MotoCorp, BHARTI INFRATE and NCC
Weak Futures

This is list of 10 Weak Futures: Glenmark Pharma, Jain Irrigation, Capital First,Biocon,KAVERI SEED, Jaiprakash Associates, Shree Cements,Colgate Palmolive, Punjab National Bank and Reliance Comm
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Tuesday, May 16, 2017

Outlook of Indian Stock Market for 17th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend still up so we go on holding our longs till trend does not reverse. Though markets are overbought but till trend is up, we hold.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: CG POWER, Indiabulls Real Estate, PIRAMAL ENTERPRISES, DALMIA BHARAT, DLF, Escorts India, NIIT Technologies, Indian Bank, Eicher Motors and Hero Moto
Weak Futures

This is list of 10 Weak Futures: Glenmark Pharma, Cholamandalam Investment,Jan Irrigation Systems , Suzlon Energy, Hindustan Zinc, Colgate Palmolive, Jaiprakash Associates,Oriental Bank of Commerce,Biocon Limited and NESTLE
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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.

Monday, May 15, 2017

Outlook of Indian Stock Market for 16th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Trend of the world markets remain up and so is our Indian Equity Markets. We go holding our longs.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: PIRAMAL ENTERPRISES, CG POWER AND INDUSTRIAL , Indiabulls Real Estate, DALMIA BHARAT, DLF, Escorts India, Housing Development, Indian Bank, NIIT Technologies and Eicher Motors
Weak Futures

This is list of 10 Weak Futures: Glenmark Pharma , Jain Irrigation Systems , Oriental Bank of CommercSuzlon Energy , ADANIPOWER, INDO COUNT INDUSTRIES, Reliance Comm,Arvind, INFIBEAM INCORPORATION and Biocon Limited
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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.

Saturday, May 13, 2017

Outlook of Indian Stock Market for 15th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. In spite of small corrections taking place, the trend is still up. We go on holding our longs.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: DALMIA BHARAT, CG POWER AND INDUSTRIAL , NIIT Technologies, Indiabulls Real Estate, Escorts India, DLF, Eicher Motors , Allahabad Bank, Indian Bank and Idea Cellular
Weak Futures

This is list of 10 Weak Futures: Glenmark PharmaBiocon Limited, Jain Irrigation Systems , ADANIPOWER, Apollo TyresIndraprastha Gas, Oriental Bank of Commerc, INFIBEAM INCORPORATION, Lupin amd Arvind Limited
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Free Letter Disclaimer
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.

Thursday, May 11, 2017

Outlook of Indian Stock Market for 12th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. As Nifty moves higher to new highs, profit taking is bound to happen. Overall trend is still up and we keep holding our longs.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: CG POWER AND INDUSTRIAL , DALMIA BHARAT, Eicher Motors, Escorts India, Indian Bank, GODFREY PHILLIPS, NIIT Technologies, Indiabulls Real Estate, DLF and Allahabad Bank
Weak Futures

This is list of 10 Weak Futures: Biocon, ADANIPOWER, Lupin, AJANTA PHARMA, Apollo Tyres, JUBLFOOD, OIL, INFIBEAM INCORPORATION, Indraprastha Gas and
Jain Irrigation Systems
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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.

Wednesday, May 10, 2017

Outlook of Indian Stock Market for 11th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend remains up only. Keep holding your longs till the rally is going on. Trend is your friend and it discounts everything.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: NIIT Technologies, CG POWER AND INDUSTRIAL , Escorts India, Indiabulls Real Estate, GUJARAT STATE FERT, Indian Bank, FEDERAL BANK, Godrej Cons Products, Siemens and Bharti Airtel
Weak Futures

This is list of 10 Weak Futures: Biocon, JUBLFOOD, INFIBEAM INCORPORATION, Dish TV India Limited.EQLupin, Apollo Tyres, Hindustan Zinc, ADANIPOWER, AJANTA PHARMA and BHARAT FINANCIAL
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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.

Tuesday, May 09, 2017

Outlook of Indian Stock Market for 10th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. It seems the world markets are waiting for the next move from US markets. Once they move out of their sideways zone will our Indian markets also move. Let us wait till then. We go on holding our longs.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Indiabulls Real Estate, FEDERAL BANK, DALMIA BHARAT, Godrej Cons, GUJARAT STATE FERT, Indian Bank, Hexaware Technologies, Housing Development, CEAT and DLF
Weak Futures

This is list of 10 Weak FuturesLupin, AJANTA PHARMA, INFIBEAM INCORPORATION, Hindustan Zinc, JUBLFOOD, ADANIPOWER, Reliance Comm., Jain Irrigation Systems, Biocon Limited and Indraprastha Gas
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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.

Monday, May 08, 2017

Outlook of Indian Stock Market for 9th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Positive news from French Elections could not take the markets up. It seems the victory was already build into the equity markets. We will have to wait for next cues to guide us. Till then we keep holding onto our gains.

______________________________________________________________________________________

Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Indiabulls Real, FEDERAL BANK, Indian Bank, CANARA BANK, Hexaware Technologies, GUJARAT STATE FERT, Andhra Bank, DALMIA BHARAT, IBULHSGFIN and NIIT Technologies
Weak Futures

This is list of 10 Weak Futures: Hindustan Zinc, ADANIPOWER, AJANTA PHARMA, INFIBEAM INCORPORATION, ADANIENT, HindalcoIndLupin Limited, Reliance Comm,Reliance Industries and SHRIRAM TRANS FIN
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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.

Saturday, May 06, 2017

Outlook of the Indian Stock Market for 8th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend remains up. Inspite of FII selling since one month, our markets are not ready to fall though at higher levels they do face resistance. It is because the US markets which are the trend deciders of the world markets are holding on. Till US markets are holding on, it seems the equity markets will hold on.

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Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: CANARA BANK, FEDERAL BANK, Indian Bank, GUJARAT STATE FERT, CEAT Limited, IBULHSGFIN, Bank of India, Andhra Bank, CAN FIN HOMES and LIC Housing Finance
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, Reliance Com, Hindustan Zinc, Lupin Limited, ADANIENT, Jain Irrigation Systems , Jindal Steel & Power, Jaiprakash Associates, Biocon Limited and Glenmark Pharma
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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.

Thursday, May 04, 2017

Outlook of Indian Stock Market for 5th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend remains up. The rally is going on with Banking Stocks playing the flag bearers today expecting some good news over the weekend. US markets also expect good move from the data as well as Trump on Tax cuts. Keep holding stocks till trend is up.
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Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Bank of India, Indian Bank, Andhra Bank, GUJARAT STATE FERT, CANARA BANK, FEDERAL BANK, Allahabad Bank, Oriental Bank of Commerc, Punjab National Bank and CEAT
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, ADANIENT, Lupin Limited, Reliance CommAurobindo Pharma, Hindustan Zinc, GRANULES INDIA, DaburBiocon and STRIDES SHASUN
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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.

Wednesday, May 03, 2017

Outlook of Indian Stock Market for 4th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend remains up. Markets are in a consolidation phase worldwide with a very low VIX which shows that people are very much relaxed that markets will only go up. Let us see what happens, whether majority is right or wrong. Generally majority is proved wrong. But as of now we keep holding our longs till the trend of Nifty is up or stocks above support are more than 50%.
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Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: FEDERAL BANK, Indian Bank, Bank of India, Andhra Bank, CEAT, Allahabad Bank, Indiabulls Real Estate L, CANARA BANK, Oriental Bank of Commerc and PIRAMAL ENTERPRISES
Weak Futures

This is list of 10 Weak Futures: ADANIENT, ADANIPOWER, Lupin Limited, BioconAurobindo Pharma, Reliance CommDabur India, STRIDES SHASUN, INFIBEAM and Hindustan Zinc
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Tuesday, May 02, 2017

Outlook of Indian Stock Market for 3rd May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend remains up. In this month of May, if markets fall slightly also, you will find a lot of articles with the caption "Sell in May and Go Away". Well, give a query on google to get some links and it is interesting to read because Nifty PE is soon going to be around 24 which is considered quite high by historic standards and where correction sets in.
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Percentage of stocks above support came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: FEDERAL BANK, Indiabulls Real Estate , Bank of India, CAN FIN HOMES, CANARA BANK, Indian Bank, Oriental Bank of Commerc, Fortis Healthcare, Andhra Bank and Karnataka Bank
Weak Futures

This is list of 10 Weak Futures: ADANIENT, Lupin Limited, Aurobindo Pharma, ADANIPOWER, SHRIRAM TRANS FIN CO , INFIBEAM INCORPORATION, JSWENERGY, Reliance Comm , Sun Pharma  and Steel Authority of India
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Free Letter Disclaimer
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.