Thursday, March 05, 2009

Outlook for 6th March 2009

Daily trend of the market is down.
Inspite of Repo, Reverse Repo cut the markets are unable to move up as over all trend is down. Let us see whether the ECB rate cut today is able to give some boost to the market, but it is doubt as sentiment and confidance is too low. On top of it the statement of bankruptcy by General Motors would also weigh on the 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%
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Strong Futures
This is list of 10 Strong Futures: Amtek Auto, Ultra Cemco, Mphasis, Ashok Ley, Auro Pharma, Shree Cem, Maruti, Cipla, TVS Motor & Naukri.
Weak Futures
This is the list of 10 Weak Futures: Aban, Rolta, Ranbaxy, ICICI Bank, Syndicate Bank, Indian Bank, Wel Guj, NIIT, IOB & Yes Bank.
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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, March 04, 2009

Outlook for 5th March 2009

Daily trend of the market is down.
The market has remained sideway today but as the trend of Indian stock market remains in downtrend, it is recommended that no buying positions should 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%
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Strong Futures
This is list of 10 Strong Futures: Amtek Auto, Ultra Cemco, Maruti, Auro Pharma, Mphasis, TVS Motor, Century Textiles, Shree Cem, Ashok Ley & Grasim
Weak Futures
This is the list of 10 Weak Futures: Aban, Rolta, Syndicate Bank, NIIT, IOB, ICICI Bank, Indian Bank, Mah Life, Wock Pharma & Pantaloon.
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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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Tuesday, March 03, 2009

Outlook for 4th March 2009

Daily trend of the market is down.
The trend of the world markets are also down. Though oil and base metals are trying to bottom out which gives some hope to oil and metal stocks.
But till the trend of Indian stock market remains in downtrend, it is recommended that no buying positions should 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%
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Strong Futures
This is list of 10 Strong Futures: Amtek Auto, Mphasis, Maruti, Ashok Ley, Auro Pharma, Ultra Cemco, Matrix Labs, Shree Cem, M&M & Naukri
Weak Futures
This is the list of 10 Weak Futures: Aban, Syndicate Bank, Rolta, Gitanjali, Pantaloon, Indian Bank, Punj Lloyd, Ranbaxy, ICICI Bank & IOB.
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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, March 02, 2009

Outlook for 3rd March 2009

Watch our Analyst (Neera Jain) discuss various stocks at NDTV Profit on 3rd March between 11.30 am till 12.15 pm on Programme Buy/sell
Daily trend of the market is down.
The Indian stock market is very volatile and as the trend of market is still down, so it is recommended that till the trend remains in downtrend no buying positions should 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%
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Strong Futures
This is list of 10 Strong Futures: Amtek Auto, APIL, Bharat Forg, Ashok Ley, Maruti, TVS Motor, Matrix Labs, M&M, Ultra Cemco & Mphasis
Weak Futures
This is the list of 10 Weak Futures: Aban, Syndicate Bank, Indian Bank, Pantaloon, Punj Lloyd, Gitanjali, Ranbaxy, Mah Life, ICICI Bank & Wel Guj.
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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 atsoever to any user on account of the use of information provided on the website or email.
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Sunday, March 01, 2009

Outlook for 2nd March 2009

Daily trend of the market is down.
The Indian stock market is trying to outperform, but till US Markets do not give a positive breakout, it is doubtful for our market to come in uptrend
News of RPL and Reliance merger on Monday might add to the volatility to the market.

As the trend of market is still down, so it is recommended that till the trend remains in downtrend no buying positions should 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: Amtek Auto, Bharat Forg, APIL, Maruti, Matrix Labs, Ultra Cemco, Mphasis, Ashok Ley, Power Grid & Colpal
Weak Futures
This is the list of 10 Weak Futures: Aban, Ranbaxy, Gitanjali, Mah Life, Pantaloon, Indian Bank, GDL, J&K Bank, Syndicate Bank & Andhra Bank.
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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 atsoever to any user on account of the use of information provided on the website or email.
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