Daily trend of the market is Up
Market has remained sideways the whole day but as the trend is still in up so the readers who have created long positions in Nifty (bought on 30th December) my go on holding the longs till the trend remains in uptrend
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Percentage above support
Percentage of stocks above support are still above 50%, so the readers ho have created long positions in deliveries may go on holding them till percentage of stocks above support remains more then 50%.
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Strong Futures
This is list of 10 Strong Futures: Sintex, Sail Ltd, Hotel Leela, Tata Motors, Hindalco, India Hotels, Suzlon, Sesa Goa, Ispat Industries & Century Text.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, Pir Health, JP Associates, Ashok Ley, Orient Bank, IDFC, Tata Comm, GT Offshore, Orchid Chem & FSL.
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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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Daily Newsletter giving a quick update on the stock market and a few 'Golden Words' of advice. Do leave your comments on the post for a better discussion. Also give us your suggestions through Contact Us Form.
Wednesday, December 30, 2009
Tuesday, December 29, 2009
Outlook for 30th December 2009
Daily trend of the market is Up
Today the market has been able to close above its important level and now has come in uptrend . So the readers may create long positions in Nifty and hold the long positions till market remains in uptrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, and also the market is now in uptrend so the readers may create long positions in deliveries and hold them till percentage of stocks above support remains more then 50%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hindalco, Sail Ltd, Suzlon, Tata Motors, Tata Steel, Ispat Industries, Sintex, BEML, Sesa Goa & NTPC.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, JP Associates, Tata Comm, Colpal, Corporation Bank, Ashok Ley, Unitech, Pir Health, IDFC & FSL
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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.
________________________________________________________________
Today the market has been able to close above its important level and now has come in uptrend . So the readers may create long positions in Nifty and hold the long positions till market remains in uptrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, and also the market is now in uptrend so the readers may create long positions in deliveries and hold them till percentage of stocks above support remains more then 50%.
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hindalco, Sail Ltd, Suzlon, Tata Motors, Tata Steel, Ispat Industries, Sintex, BEML, Sesa Goa & NTPC.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, JP Associates, Tata Comm, Colpal, Corporation Bank, Ashok Ley, Unitech, Pir Health, IDFC & FSL
_________________________________________________________________
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, December 23, 2009
Outlook for 24th December 2009
Daily trend of the market is down
We witnessed a sharp upward movement but as market is still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Sail Ltd, Suzlon, Hindalco, Praj Industry, DCHL, Tata Steel, NTPC, PTC, Ranbaxy & HCL Tech.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, Corporation Bank, FSL, Pir Health, Tata Comm, Ashok Ley, Balrampur Chini, IDFC, Great Offshore & Hind Uni Lvr
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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.
________________________________________________________________
We witnessed a sharp upward movement but as market is still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Sail Ltd, Suzlon, Hindalco, Praj Industry, DCHL, Tata Steel, NTPC, PTC, Ranbaxy & HCL Tech.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, Corporation Bank, FSL, Pir Health, Tata Comm, Ashok Ley, Balrampur Chini, IDFC, Great Offshore & Hind Uni Lvr
_________________________________________________________________
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, December 22, 2009
Outlook for 23rd December 2009
Daily trend of the market is down
Today market remained sideways traded in a very small zone. Though a counterrally is expected but as the market is still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Sail Ltd, Ranbaxy, Dr Reddy, Suzlon, Opto Circuits, Idea, Tata Motors, Gtl Ltd, Divi'S Lab & HCL Tech.
Weak Futures
This is the list of 10 Weak Futures: Great Offshore, Andhra Bank, Ashok Ley, FSL, IDFC, Unitech, JP Associates, Tata Comm, Lic house & Educomp
_________________________________________________________________
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.
________________________________________________________________
Today market remained sideways traded in a very small zone. Though a counterrally is expected but as the market is still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Sail Ltd, Ranbaxy, Dr Reddy, Suzlon, Opto Circuits, Idea, Tata Motors, Gtl Ltd, Divi'S Lab & HCL Tech.
Weak Futures
This is the list of 10 Weak Futures: Great Offshore, Andhra Bank, Ashok Ley, FSL, IDFC, Unitech, JP Associates, Tata Comm, Lic house & Educomp
_________________________________________________________________
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, December 21, 2009
Outlook for 22nd December 2009
Daily trend of the market is down
The market is still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Dr Reddy, Ranbaxy, Lupin, Uniphos, Tata Motors, Gtl Ltd, TCS, ACC, Pantaloon Retail & Divi'S Lab.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, IDFC, Unitech, Aban Off shore, Balrampur Chini, Great Offshore, DLF, Lic house, Orchid Chem & Bank Of India
_________________________________________________________________
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 still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend
___________________________________________________________
Percentage above support
Percentage of stocks above support are still above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Dr Reddy, Ranbaxy, Lupin, Uniphos, Tata Motors, Gtl Ltd, TCS, ACC, Pantaloon Retail & Divi'S Lab.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, IDFC, Unitech, Aban Off shore, Balrampur Chini, Great Offshore, DLF, Lic house, Orchid Chem & Bank Of India
_________________________________________________________________
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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