Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com


Outlook for 7th August 2009

Posted: 06 Aug 2009 04:52 AM PDT

u>Daily trend of the market is up.
As the market was overbought so a heavy profit booking came today and became very volatile, but the daily trend is still up, so the readers who are long in Nifty bought on 16th July may go on holding them till the trend does not turn to down.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% so the long term investors who have created positions in deliveries may hold them till the percentage support remains more than 50%

__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Bharat Forge, GT OFFshore, Aban OFFshore, Patni, Shree Renuka, Jindal Saw, Tata Motors, Kotak Bank, Polaris Softwar and DCHL
Weak Futures
This is the list of 10 Weak Futures: Divi'S Lab,Suzlon,Ivcl,Abb Ltd,Patel Engineering,Chambal Fert,Crompton Greaves,Federal Bank,Hero Honda and Gmr Infra.
_____________________________________________
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.
__________________________________________________________________

Outlook for 6th August 2009

Posted: 05 Aug 2009 07:54 AM PDT

Daily trend of the market is up.
Market needs some correction before it resumes its upward movement but the readers who are long in Nifty bought on 16th July may go on holding them till the trend does not turn to down.
______________________________________________
Percentage above support
Percentage of stocks above support is more than 50% so the long term investors who have created positions in deliveries may hold them till the percentage support remains more than 50%

__________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Bharat Fo,GT OFFshore,Tata Motors,Aban OFFshore,Jindal Saw,Shree Renuka,Hindalco,Polaris Softwar,Unitech Ltd and DCHL
Weak Futures
This is the list of 10 Weak Futures: Divi'S Lab,Abb Ltd,TV18,Suzlon,Crompton Greaves,Patel Engineering,Union Bank Of India,Sun Pharma,BHARTI AIRTEL and Titan.
_____________________________________________
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:

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.."