Daily trend of the market is down
Market is taking support at current levels and some counter rally is expected but as over all trend of the market is still down, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Pir Health, Ashok Ley, ICSA, DCB, UCO Bank, Indian Bank, Andhra Bank, Vijaya Bank, Uniphos & EKC.
Weak Futures
This is the list of 10 Weak Futures: ABB, Balrampur Chini, Aditya Birla, Aban Off shore, Sesa Goa, HDIL, Tech Mahindra, Renuka, JP Associates & Tata Steel.
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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, May 06, 2010
Wednesday, May 05, 2010
Outlook for 6th May 2010
Daily trend of the market is down
Market has taken some support at 5000- 5050 level and a small counter rally may come but as over all trend of the market is still down, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Indian Bank, DCB, UCO Bank, Andhra Bank, ICSA, Patni, Pir Health, Vijaya Bank, Uniphos & Ashok Ley.
Weak Futures
This is the list of 10 Weak Futures: Balrampur Chini, Renuka, ABB, Tech Mahindra, HDIL, JP Associates, Tata Steel, Bajaj Hind, Sun Pharma & Aditya Birla.
_________________________________________________________________
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 taken some support at 5000- 5050 level and a small counter rally may come but as over all trend of the market is still down, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Indian Bank, DCB, UCO Bank, Andhra Bank, ICSA, Patni, Pir Health, Vijaya Bank, Uniphos & Ashok Ley.
Weak Futures
This is the list of 10 Weak Futures: Balrampur Chini, Renuka, ABB, Tech Mahindra, HDIL, JP Associates, Tata Steel, Bajaj Hind, Sun Pharma & Aditya Birla.
_________________________________________________________________
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.
________________________________________________________________
Tuesday, May 04, 2010
Outlook for 5th May 2010
Daily trend of the market is down
Market has started falling down, and as the global cues are still negative, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: DCB, Indian Bank, Pir Health, UCO Bank, Andhra Bank, ICSA, Uniphos, Ashok Ley, Corp Bank & Cummins India.
Weak Futures
This is the list of 10 Weak Futures: Balrampur Chini, Renuka, Sesa Goa, ABB, HDIL, Tata Steel, Bajaj Hind, Triveni, Tech Mahindra & India Cement.
_________________________________________________________________
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 started falling down, and as the global cues are still negative, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: DCB, Indian Bank, Pir Health, UCO Bank, Andhra Bank, ICSA, Uniphos, Ashok Ley, Corp Bank & Cummins India.
Weak Futures
This is the list of 10 Weak Futures: Balrampur Chini, Renuka, Sesa Goa, ABB, HDIL, Tata Steel, Bajaj Hind, Triveni, Tech Mahindra & India Cement.
_________________________________________________________________
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.
________________________________________________________________
Monday, May 03, 2010
Outlook for 4th May 2010
Daily trend of the market is down
As the long term trend is still down and also the global cues are negative so the market is falling down. The readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: UCO Bank, Indian Bank, DCB, Uniphos, RNRL, Andhra Bank, Pir Health, ICSA, Vijaya Bank & Titan.
Weak Futures
This is the list of 10 Weak Futures: Renuka, ABB, Sesa Goa, Balrampur Chini, Triveni, HDIL, Sun Pharma, Tech Mahindra, Bajaj Hind & India Cement.
_________________________________________________________________
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.
________________________________________________________________
As the long term trend is still down and also the global cues are negative so the market is falling down. The readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: UCO Bank, Indian Bank, DCB, Uniphos, RNRL, Andhra Bank, Pir Health, ICSA, Vijaya Bank & Titan.
Weak Futures
This is the list of 10 Weak Futures: Renuka, ABB, Sesa Goa, Balrampur Chini, Triveni, HDIL, Sun Pharma, Tech Mahindra, Bajaj Hind & India Cement.
_________________________________________________________________
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, May 02, 2010
Outlook for 3rd May 2010
Daily trend of the market is down
Market is remaining sideways but as there is strong resistance at current levels and also due to the negative global cues it is expected that the market may fall down in the coming trading sessions. So as the trend is still down, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Indian Bank, DCB, Andhra Bank, Uniphos, UCO Bank, LITL, Pir Health, Nagarjuna Const, RNRL & Cummins India.
Weak Futures
This is the list of 10 Weak Futures: Renuka, Balrampur Chini, Sun Pharma, Triveni, Tech Mahindra, Bajaj Hind, Idea, BEL, HDIL & Maruti.
_________________________________________________________________
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 remaining sideways but as there is strong resistance at current levels and also due to the negative global cues it is expected that the market may fall down in the coming trading sessions. So as the trend is still down, so the readers who had quitted their longs on 16th April, may stay out of the market and not create any long positions till the trend remains in downtrend.
___________________________________________________________
Percentage above support
Percentage of stocks above support is still above 50%, but as the markets are not looking very good so the readers who are holding their longs since 4th Market may now do partial profit booking and hold the rest with strict stoplosses
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Indian Bank, DCB, Andhra Bank, Uniphos, UCO Bank, LITL, Pir Health, Nagarjuna Const, RNRL & Cummins India.
Weak Futures
This is the list of 10 Weak Futures: Renuka, Balrampur Chini, Sun Pharma, Triveni, Tech Mahindra, Bajaj Hind, Idea, BEL, HDIL & Maruti.
_________________________________________________________________
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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