Wednesday, March 25, 2009

Outlook for 26th March 2009

Daily trend of the market is up.
Market is still continuing its rally but as the clearing is approaching, volatility is expected.
As the trend of market is up, so the readers who are long in Nifty since 20th March, may go on holding the longs till the trend of the market remains in uptrend ______________________________________________
Percentage above support
Percentage of stocks above support is above 50% .Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: Matrix Labs, India Info, BRFL, Biocon, Ster, GMR Infra, Wel Guj, Unitech, Voltas & Reliance
Weak Futures
This is the list of 10 Weak Futures: Alok Text, Crompton Greaves, Rolta, Moser Baer, Glaxo, IOC, Network 18, Allahabad Bank, Amtek Auto & Hind Petro
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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 24, 2009

Outlook for 24th March 2009

Daily trend of the market is up.
Market has taken a good rally and now it is expected to consolidate sideways. The clearing is approaching so expect some more volatility.
And as the trend of market is up,so the readers who are long in Nifty since 20th March, may go on holding the longs till the trend of the market remains in uptrend ______________________________________________
Percentage above support
Percentage of stocks above support is above 50%. Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: BRFL, India Info, Nagar Const, Ster, Matrix Labs, Bata India, Hind Zinc, Kesoram Ind, GMR Infra & Hindalco.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Alok Text, Moser Baer, Glaxo, Hinduja Ventures, IOC, Allahabad Bank, Crompton Greaves, Indian Bank & Network 18
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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 23, 2009

Outlook for 24th March 2009

Daily trend of the market is up.
Today Nifty has closed above its resistance zone of 2900,so investors may be long in Nifty. So till the trend of the market remains in uptrend, the investors may go on holding their longs
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Percentage above support
Percentage of stocks above support is above 50% .Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: BRFL, India Info, Hindalco, Bata India, Kesoram Ind, Ster, Hind Zinc, SAIL, JP Associates & Nagar Const.
Weak Futures
This is the list of 10 Weak Futures: Alok Text, Rolta, Hind Petro, Glaxo, IOC, Hinduja Ven, BPCL, Allahabad Bank, Moser Baer & Network 18
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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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Sunday, March 22, 2009

23rd March 2009

Daily trend of the market is up.
The trend of the market is up, but Nifty is still unable to break its resistance zone of 2900.So it is still better to remain cautious at current levels.
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Percentage above support
Percentage of stocks above support is now above 50% .So long term investors may start investing in techinically good stocks and hold the investment in deliveries till the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: BRFL, Bata India, Ster, Finan Tech, KPIT, Hind Zinc, Matrix Labs, Hindalco, GMR Infra & JP Associates.
Weak Futures
This is the list of 10 Weak Futures: Alok Text, Rolta, Indian Bank, Ranbaxy, Hind Petro, Triveni, BPCL, Allahabad Bank, Moser Baer & 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.
__________________________________________________________________

Wednesday, March 18, 2009

Outlook for 19th March 2009

Daily trend of the market is down.
The market is taking a good rally but only when Nifty index is able to close decisively above 2800 then the short term trend of the market will come in uptrend. Till then one should remain cautious.

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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: BRFL, KPIT, Tulip, Tata Motors, Jet Airways, Matrix Labs, Biocon, Edu Comp, Ster & JP Associates.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Alok Text, Ranbaxy, Indian Bank, J&K Bank, IOC, Allahabad Bank, Network 18, Triveni & BPCL
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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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