Daily trend of the market is Up.
The Indian Stock Markets took a smart short covering before the clearing day and wnet up sharply, though the main rally was in the futures stocks.
The positive futures US Futures supported the rally.
The trend of Nifty is up which shows that even the US and the world markets are likely to remain bullish. One can buy Nifty. Let us see whether US Markets also close strong following the Indian Market
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Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: TV-18, Power Grid, Auro Pharma, Balram Chini, Polaris, Ultra Cemco,Cairn, Gt Offshore, NTPC & Renuka.
Weak Futures
This is the list of 10 Weak Futures: Satyam Comp, Aban, Divis Lab, PunjLloyd, EKC, Rolta, IVRCL Infra, DLF, Wel Guj & Gitanjali
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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, January 28, 2009
Tuesday, January 27, 2009
Outlook for 28th January 2009
Daily trend of the market is Down.
Today the markets had gone up due to heavy short covering
Over all trend of the market still remains down. So let us be cautious and not create any buying positions at current level
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Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Visual Soft, Power Grid, NTPC, AuroPharma, Polaris, Hero Honda, Infosys Tech, Cipla,GMR Infra & Reliance.
Weak Futures
This is the list of 10 Weak Futures: Satyam Comp, Divis Lab, Punj Lloyd, IVRCL Infra, Zeel, Orient Bank, PNB, Tata Steel,LT & Hindalco.
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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.
__________________________________________________________________
Today the markets had gone up due to heavy short covering
Over all trend of the market still remains down. So let us be cautious and not create any buying positions at current level
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Visual Soft, Power Grid, NTPC, AuroPharma, Polaris, Hero Honda, Infosys Tech, Cipla,GMR Infra & Reliance.
Weak Futures
This is the list of 10 Weak Futures: Satyam Comp, Divis Lab, Punj Lloyd, IVRCL Infra, Zeel, Orient Bank, PNB, Tata Steel,LT & Hindalco.
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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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Monday, January 26, 2009
Outlook for 27th January 2009
Daily trend of the market is Down.
Oil and other metals took a rally on Friday which shows that some demand is coming in metals. Even Shanghai Index was rising last week which is a small bullish sign.
US Markets are also trying to find support near 8000 Dow Index. Expect a small counter rally in the coming week.
But till the trend of the market remains in downtrend we would recommend no buying positions be created
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Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Polaris, Balrampur Chini, Power Grid, Ultra Cem, Neyveli, BEL, Hero Honda, Colpal, Naukri & Matrix Labs.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Aban, IVRCL Infra, DLF, Zeel, Punjlloyd, Nagar Const, Welguj, TVS Motor, Kotak Bank & Siemens.
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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.
__________________________________________________________________
Oil and other metals took a rally on Friday which shows that some demand is coming in metals. Even Shanghai Index was rising last week which is a small bullish sign.
US Markets are also trying to find support near 8000 Dow Index. Expect a small counter rally in the coming week.
But till the trend of the market remains in downtrend we would recommend no buying positions be created
______________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Polaris, Balrampur Chini, Power Grid, Ultra Cem, Neyveli, BEL, Hero Honda, Colpal, Naukri & Matrix Labs.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Aban, IVRCL Infra, DLF, Zeel, Punjlloyd, Nagar Const, Welguj, TVS Motor, Kotak Bank & Siemens.
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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, January 22, 2009
Outlook for 23rd January 2009
Daily trend of the market is Down.
Overall trend of the Indian Market is still down. So till the trend is down we would recommend the readers to stay away from the market and no long positions be created.
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Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Naukri, Neyveli, Nation Alum, Polaris, Ultra Cem, Balram Chin, GMR Infra, HPCL & BEL.
Weak Futures
This is the list of 10 Weak Futures: J Stainless, DLF, Aban, Punj Lloyd, IVRCL Infra, Roltas, Zee, Nagar Const, BRFL & TVS Motors
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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.
__________________________________________________________________
Overall trend of the Indian Market is still down. So till the trend is down we would recommend the readers to stay away from the market and no long positions be created.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Naukri, Neyveli, Nation Alum, Polaris, Ultra Cem, Balram Chin, GMR Infra, HPCL & BEL.
Weak Futures
This is the list of 10 Weak Futures: J Stainless, DLF, Aban, Punj Lloyd, IVRCL Infra, Roltas, Zee, Nagar Const, BRFL & TVS Motors
_____________________________________________
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, January 21, 2009
Outlook for 22nd January 2009
Daily trend of the market is Down.
The rise of Dollar index could have been one of the reason for the bearish of the markets world wide.
Overall trend of the Indian Market is still down.
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Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Neyveli Lig., Polaris, Balram Chini, HPCL, Ultra Cemco, BEL, BEML, GMR Infra, AL BK & BPCL.
Weak Futures
This is the list of 10 Weak Futures: Edu Comp, Roltas, Divi's Lab, Punj Llyod, DLF, Siemens, TVS Motors, Pantaloon, Rel Capital & Nagar Const
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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.
__________________________________________________________________
The rise of Dollar index could have been one of the reason for the bearish of the markets world wide.
Overall trend of the Indian Market is still down.
____________________________________________
Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Neyveli Lig., Polaris, Balram Chini, HPCL, Ultra Cemco, BEL, BEML, GMR Infra, AL BK & BPCL.
Weak Futures
This is the list of 10 Weak Futures: Edu Comp, Roltas, Divi's Lab, Punj Llyod, DLF, Siemens, TVS Motors, Pantaloon, Rel Capital & Nagar Const
_____________________________________________
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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