Daily trend of the market is down
The Market has broken its support and has come in downtrend, so the readers who had been holding longs in Nifty may now quit them and stay out of the market till the trend remains down.
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Percentage above support
Percentage of stocks above support is now below 50%, so it is recommended not to hold deliveries till the percentage of stocks above support does not come above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Alok Ind, Sintex, Exide Ind, Chambal Fert, Hind Petro, Zeel, S Kumars, ABB, Glaxo & HCL Tech.
Weak Futures
This is the list of 10 Weak Futures: IRB, Bank Of India, UCO Bank, GVKPIL, Orbit Corp, ALBK, IDFC, Oriental Bank, HDIL & Union 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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Monday, May 02, 2011
Tuesday, April 19, 2011
Outlook for 20th April 2011
Daily trend of the market is Up
The Market very much range bound and has major support at current levels, which if broken then the trend will turn to downtrend. But till the trend remains up the readers who are holding longs in Nifty, may go on holding them.
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Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: DCB, Bhushan Steel, BGR Energy, STR Tech, Federal Bank, Ibrealest, Suzlon, Zeel, Vijaya Bank & Nagar Fert.
Weak Futures
This is the list of 10 Weak Futures: Infosys, McDowell, Nat Alum, Pir Health, DLF, Ashok Ley, Jain Irrigation, Recltd, Escorts & India Info.
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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 Market very much range bound and has major support at current levels, which if broken then the trend will turn to downtrend. But till the trend remains up the readers who are holding longs in Nifty, may go on holding them.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: DCB, Bhushan Steel, BGR Energy, STR Tech, Federal Bank, Ibrealest, Suzlon, Zeel, Vijaya Bank & Nagar Fert.
Weak Futures
This is the list of 10 Weak Futures: Infosys, McDowell, Nat Alum, Pir Health, DLF, Ashok Ley, Jain Irrigation, Recltd, Escorts & India Info.
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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, April 06, 2011
Outlook for 7th April 2011
Daily trend of the market is Up
The Market has been overbought and is now moving in a sideways consolidation zone. Some healthy correction is expected. But as overall trend is still up so the readers who are holding longs in Nifty, may go on holding till the trend remains up.
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Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: STR Tech, Patel Eng, OnMobile, Jindal SWHL, Alok Text, HDIL, Sobha, Ibrealest, Hind Oil & Rel Media.
Weak Futures
This is the list of 10 Weak Futures: National Alum, Pir Health, Jain Irrigation, Sterling Bio, Mphasis, Lupin, Hind Uni Lvr, Cairn, Glaxo & GSPL.
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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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The Market has been overbought and is now moving in a sideways consolidation zone. Some healthy correction is expected. But as overall trend is still up so the readers who are holding longs in Nifty, may go on holding till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: STR Tech, Patel Eng, OnMobile, Jindal SWHL, Alok Text, HDIL, Sobha, Ibrealest, Hind Oil & Rel Media.
Weak Futures
This is the list of 10 Weak Futures: National Alum, Pir Health, Jain Irrigation, Sterling Bio, Mphasis, Lupin, Hind Uni Lvr, Cairn, Glaxo & GSPL.
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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, April 05, 2011
Outlook for 6th April 2011
Daily trend of the market is Up
The Market has been very volatile and as it is overbought so some correction is needed. But as overall trend is still up so the readers who are holding longs in Nifty, may go on holding till the trend remains up.
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Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: OnMobile, Patel Eng, Jindal SWHL, Hind Oil, Alok Ind, Rel Media, STR Tech, Ibrealest, Bata India & LIC Housing.
Weak Futures
This is the list of 10 Weak Futures: Pir Health, Nat Alum, Sterling Bio, Hind Uni Lvr, Aurobindo Pharma, Mphasis, Dabur India, Asian Paints, Lupin & Gail.
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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 Market has been very volatile and as it is overbought so some correction is needed. But as overall trend is still up so the readers who are holding longs in Nifty, may go on holding till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: OnMobile, Patel Eng, Jindal SWHL, Hind Oil, Alok Ind, Rel Media, STR Tech, Ibrealest, Bata India & LIC Housing.
Weak Futures
This is the list of 10 Weak Futures: Pir Health, Nat Alum, Sterling Bio, Hind Uni Lvr, Aurobindo Pharma, Mphasis, Dabur India, Asian Paints, Lupin & Gail.
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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, April 04, 2011
Outlook for 5th April 2011
Daily trend of the market is Up
The Market is in a good uptrend. Though it has become somewhat overbought but the readers who are holding longs in Nifty, may go on holding till the trend remains up.
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Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: OnMobile, STR Tech, Hind Oil, Hexaware, Century, Jindal SWHL, Rel Media, Patel Eng, Ibrealest & LIC Housing..
Weak Futures
This is the list of 10 Weak Futures: Pir Health, Nat Alum, Mphasis, Ranbaxy, Sterling Boi, Asian Paints, Tech M, Colpal, Aurobindo Ph & Gail.
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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 Market is in a good uptrend. Though it has become somewhat overbought but the readers who are holding longs in Nifty, may go on holding till the trend remains up.
___________________________________________________________
Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: OnMobile, STR Tech, Hind Oil, Hexaware, Century, Jindal SWHL, Rel Media, Patel Eng, Ibrealest & LIC Housing..
Weak Futures
This is the list of 10 Weak Futures: Pir Health, Nat Alum, Mphasis, Ranbaxy, Sterling Boi, Asian Paints, Tech M, Colpal, Aurobindo Ph & Gail.
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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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