Daily trend of the market is down
As expected market remained very volatile and it is now expected to settle down and consolidate at current levels given new directions. Overall trend is still down since 7th January when it closed at 5905, 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 below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, ITC, Canara Bank, HDIL, Nat Alum, Cairn, BRFL, Dabur India, Pir Health & Core Protect.
Weak Futures
This is the list of 10 Weak Futures: Mphasis, Patel Eng, DCHL, Aurobindo Ph, Punjlloyd, BGR Energy, Rcom, Unitech, GT Offshore & KFA.
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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, February 28, 2011
Sunday, February 27, 2011
Outlook for 28th February 2011
Daily trend of the market is down
Market has become oversold and some counterrally is expected. Overall trend is still down since 7th January when it closed at 5905, 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 below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, Nat Alum, Mundra Port, Dabur India, Syndicate Bank, Educomp, BRFL, HDIL, Canara Bank & Polaris..
Weak Futures
This is the list of 10 Weak Futures: Aurobindo Ph, Patel Eng, DCHL, Punjlloyd, Unitech, Rcom, GT Offshore, Bajaj Hind, Orbit Corp & Jindal SWHL.
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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.
________________________________________________________________
Market has become oversold and some counterrally is expected. Overall trend is still down since 7th January when it closed at 5905, so the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, Nat Alum, Mundra Port, Dabur India, Syndicate Bank, Educomp, BRFL, HDIL, Canara Bank & Polaris..
Weak Futures
This is the list of 10 Weak Futures: Aurobindo Ph, Patel Eng, DCHL, Punjlloyd, Unitech, Rcom, GT Offshore, Bajaj Hind, Orbit Corp & Jindal SWHL.
_________________________________________________________________
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, February 24, 2011
Outlook for 25th February 2011
Daily trend of the market is down
Market has been very volatile but has become oversold. And as the budget sessions are near, so expect volatility to remain in the market. Technically, market is trading at its immediate support from where some counter rally is expected. Overall trend is still down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Nat Alum, Welcorp, BRFL, Educomp, Bata India, Dabur India, Core Protect, Jindal Saw, Siemens & Cairn.
Weak Futures
This is the list of 10 Weak Futures: Aurobindo Ph, Punjlloyd, Patel Eng, DCHL, GT Offshore, IVRCL Infra, KFA, Orbit Corp, Jindal SWHL & Unitech.
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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.
________________________________________________________________
Market has been very volatile but has become oversold. And as the budget sessions are near, so expect volatility to remain in the market. Technically, market is trading at its immediate support from where some counter rally is expected. Overall trend is still down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Nat Alum, Welcorp, BRFL, Educomp, Bata India, Dabur India, Core Protect, Jindal Saw, Siemens & Cairn.
Weak Futures
This is the list of 10 Weak Futures: Aurobindo Ph, Punjlloyd, Patel Eng, DCHL, GT Offshore, IVRCL Infra, KFA, Orbit Corp, Jindal SWHL & Unitech.
_________________________________________________________________
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, February 23, 2011
Outlook for 24th February 2011
Daily trend of the market is down
Market is still in a downtrend mode, though some volatility is expected due to clearing. And as overall trend is down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, Hexaware, Tech Mahintra, Reliance, Finan Tech, Polaris, Nat Alum, Rel Infra, LIC Housing & HDIL.
Weak Futures
This is the list of 10 Weak Futures: Punjlloyd, DCHL, Unitech, KFA, Patel Eng, LITL, Moser Baer, GT Off Shore, IVRCL Infra & PTC.
_________________________________________________________________
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 is still in a downtrend mode, though some volatility is expected due to clearing. And as overall trend is down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, Hexaware, Tech Mahintra, Reliance, Finan Tech, Polaris, Nat Alum, Rel Infra, LIC Housing & HDIL.
Weak Futures
This is the list of 10 Weak Futures: Punjlloyd, DCHL, Unitech, KFA, Patel Eng, LITL, Moser Baer, GT Off Shore, IVRCL Infra & PTC.
_________________________________________________________________
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, February 20, 2011
Outlook for 21st February 2011
Daily trend of the market is down
Market has take nthe resistanc and again started to come down. And as overall trend is down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, Finan Tech, Yes Bank, LIC Housing, Andhra Bank, Core Protect, Kotak Mahindra, Opto Circuit, SBI & BRFL.
Weak Futures
This is the list of 10 Weak Futures: Unitech, DCHL, Rcom, Patel Eng, Punjlloyd, LITL, Rel Media, BEML, Moser Baer & Orbit Corp.
_________________________________________________________________
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 take nthe resistanc and again started to come down. And as overall trend is down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Welcorp, Finan Tech, Yes Bank, LIC Housing, Andhra Bank, Core Protect, Kotak Mahindra, Opto Circuit, SBI & BRFL.
Weak Futures
This is the list of 10 Weak Futures: Unitech, DCHL, Rcom, Patel Eng, Punjlloyd, LITL, Rel Media, BEML, Moser Baer & Orbit Corp.
_________________________________________________________________
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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