Daily Newsletter giving a quick update on the stock market and a few 'Golden Words' of advice. Do leave your comments on the post for a better discussion. Also give us your suggestions through Contact Us Form.
Wednesday, June 11, 2014
Outlook for 12th June 2014
Daily trend of the market is up
As market had become over bought so it is taking a much needed correction. butis moving in a good uptrend and has become overbought. But till overall trend remains up, the readers who had created long positions in Nifty on 9th May, may go on holding them till the trend remain up.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 20th Feb may go on holding them till the percentage above support remains more than 50% .
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Strong Futures
This is list of 10 Strong Futures: Unitech, The India Cemen, PTC, Reliance Capital, Havells, IDBI Bank, Union Bank, Ultra Tech Cem, Voltas & Syndicate Bank..
Weak Futures
This is list of 10 Weak Futures: United Breweries, Zeel, ITC, N. United Spirit, M&M, Just Dial, DR. Reddy, Petronet, Adani Enterpris & Bank Of Baroda.
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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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Saturday, June 07, 2014
Outlook for 9th June 2014
Daily trend of the market is up
Market is moving in a good uptrend and has become overbought. But as overall trend is still up, the readers who had created long positions in Nifty on 9th May, may go on holding them till the trend remain up.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 20th Feb may go on holding them till the percentage above support remains more than 50% .
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Strong Futures
This is list of 10 Strong Futures: Unitech, Reliance Capital, Union Bank, Syndicate Bank, India Bull Rea, IDBI Bank, SAIL, Andhra Bank & IRB Infra.
Weak Futures
This is list of 10 Weak Futures: DR.Reddy, HCL Tech, INFY, United Breweries, ZEEL, Asian Paint, TCS, ITC, Divi Lab & Sun 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.
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Friday, June 06, 2014
Outlook for 6th June 2014
Daily trend of the market is up
Market has come out if its sideways zone and has restarted going up. So as overall trend is still up, the readers who had created long positions in Nifty on 9th May, may go on holding them till the trend remain up.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 20th Feb may go on holding them till the percentage above support remains more than 50% .
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Reliance Capital, The India Cemen, India Bull Rea, IDBI Bank, Syndicate Bank, Sesa Sterlite, SAIL, Unitech, Reliance Power & Andhra Bank.
Weak Futures
This is list of 10 Weak Futures: DR.Reddy, Divi Lab, United Breweries, HCL Tech, ITC, ZEEL, Asian Paint, TCS, INFY & Wipro.
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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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Thursday, June 05, 2014
Outlook for 5th June 2014
Daily trend of the market is up
Market is moving in a sideways consolidation mode. But as overall trend is still up,
so the readers who had created long positions in Nifty on 9th May, may go on holding them till the trend remain up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 20th Feb may go on holding them till the percentage above support remains more than 50% .
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: IDBI, India Bull Rea, Syndicate Bank, Reliance Capital, Unitech, Andhra Bank, The India Cemen, IRB Infra, IOB & Sesa Sterlite.
Weak Futures
This is list of 10 Weak Futures: DR.Reddy, HCL, Divi Lab, United Breweries, ITC, INFY, Wipro, ZEEL, TCS & Asian Paint.
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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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Wednesday, June 04, 2014
Outlook for 4th June 2014
Daily trend of the market is up
Market moving in a good uptrend,so the readers who had created long positions in Nifty on 9th May, may go on holding them till the trend remain up.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 20th Feb may go on holding them till the percentage above support remains more than 50% .
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Unitech, Reliance Cap, Syndicate Bank, Sesa Sterlite, India Bull Rea, The India Cemen, IRB Infra, Andhra Bank, DLF & IOB.
Weak Futures
This is list of 10 Weak Futures: DR. Reddy, Divi Lab, ITC, INFY, Wipro, United Breweries, Hexaware, Oracle Fin, Lupin & ZEEL.
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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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