Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com
Add to Google

Outlook for 5th June 2009

Posted: 04 Jun 2009 04:48 AM PDT

Daily trend of the market is up.
Even though market is overbought we are unable to get the much needed correction .So the readers who are long in Nifty since 20th March, may go on holding their longs till the trend 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%.Part profit booking is recommended as market has become heavily overbought now.

__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Jaiprakash Hydro,Welspun Guj St.,SUZLON ENERGY LI,SOBHA DEVELOPERS,Laks.Mach.W,TECH MAHINDRA LI,ABAN OFFSHORE L,Niit Limited,Voltas Ltd. and IVRPRIME URBAN
Weak Futures
This is the list of 10 Weak Futures: Sun Pharma,BHARTI AIRTEL, Cipla Ltd., Tata Power,,Infosys Tech,Dabur India,Sterling Biotech,Glaxo (I)Ltd,Bank Of Baroda,Hero Honda and Lupin
_____________________________________________
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.
__________________________________________________________________

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)
Disclaimer: "It is assuming that all Traders and/or Investors are well known of the fact that Investment are subject to market risk and no responsibility will be taken either by the author or writer of the blog content whether direct, implied or consequential for any losses or profits that may occur as a result of trading with the calls provided in this blog.."