Outlook for 31st May 2013

Daily trend of the market is down

Market has remained sideways and now as the clearing is over, sharp move either side is expected. If the resistance is broken convincingly then the trend may change to  uptrend. But as overall trend is still  down, so the readers may stay out of the market an d do not creates long positions till the trend remains down.

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Percentage above support

Percentage of stocks above support is still below 50%, so the readers many not create long positions till the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: Adani power,Havells, Sun Pharma, Titan Industries, IndusInd Bank, ITC,Tata Motors, Kotak Mahindra, UCO Bank and Jain Irrigati.

Weak Futures

This is list of 10 Weak Futures: HDIL, India Ceme, Unitech , Ranbaxy Lab, Punj Lloyd, DLF, IVRCL, Jaiprakash As, IFCI and JSW Energy.

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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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Outlook for 30th May 2013

Daily trend of the market is down

Market is still continuing with its counter rally and is trading at its important resistance which if broken convincingly may turn the trend to uptrend. But as overall trend is down, so the readers may stay out of the market an d do not creates long positions till the trend remains down.

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Percentage above support

Percentage of stocks above support is still below 50%, so the readers many not create long positions till the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: Sun Pharma, Titan, CESC, Hero MotoCorp, SHRIRAM TRANS, COALINDIA, United Spirit, Idea Cellular, IndusInd Bank and Hindn Uni.

Weak Futures

This is list of 10 Weak Futures: India Cem, Ranbaxy Lab, HDIL, Punj Lloyd, Unitech,DLF, IVRCL, Opto Circuits, JSWENERGY and IFCI Ltd.

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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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Outlook for 29th May 2013

Daily trend of the market is down

Market is still continuing with its counter rally and the present trading zone is an important resistance which if broken convincingly may turn the trend to uptrend. But as overall trend is down, so the readers may stay out of the market an d do not creates long positions till the trend remains down.

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Percentage above support

Percentage of stocks above support is still below 50%, so the readers many not create long positions till the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: ADANIPOWER, SHRIRAM TRANS,CESC , Titan, Reliance Comm, LIC Housing, IndusInd Bank, Hero Moto,Idea Cellular and Havells.

Weak Futures

This is list of 10 Weak Futures: India Ceme, Ranbaxy, Punj Lloyd, DLF, Divi s Laborato, FRL,State Bank of India, IVRCL Limited, Bank of Indi and NMDC Limited.

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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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Outlook for 28th May 2013

Daily trend of the market is down

Market is giving a much needed counter rally and has reached its first resistance. But as overall trend is down, so the readers may stay out of the market an d do not creates long positions till the trend remains down.

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Percentage above support

Percentage of stocks above support is now below 50%, so the readers who are holding longs in cash market may now quit them and do not create long positions till the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: Adani Power, Rcom, Indusind Bank, MC Dowell, Kotak Bank, LIC Hsg, Uco Bank, CESC, Ibrealest & MRF.

Weak Futures

This is list of 10 Weak Futures: India Cement, Punjlloyd, Opto Circuits, HDIL, GSPL, DLF, FRL, Ranbaxy, JP Associate & Bank India

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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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Outlook for 24th May 2013

Daily trend of the market is down

Market has closed below its important support level and has come in downtrend. So the readers who had been holding longs since in Nifty since 17th April may now quit the longs and stay away from the market till the trend remains down.

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Percentage above support

Percentage of stocks above support is now below 50%, so the readers who are holding longs in cash market may now quit them and do not create long positions till the percentage above support remains less than 50%.

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Strong Futures

This is list of 10 Strong Futures: Adani Power, United Phos, United Spirit, LIC Housing, Sun Pharma, MRF, Hind uniLvr, Kotak Mahindra, Hindalco and Shriram Trans.

Weak Futures

This is list of 10 Weak Futures: Opto Circuits, India Cem, Punj Lloyd, FRL, DLF, Unitech, Jaiprakash Asso, Ranbaxy Lab, IFCI, and Renuka

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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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