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Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com


Outlook for 17th July 2009

Posted: 16 Jul 2009 06:16 AM PDT

Daily trend of the market is now up.
The market has remained sideways, but it is still in uptrend 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.
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Percentage above support
Percentage of stocks above support is now 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%

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Strong Futures
This is list of 10 Strong Futures:GSPL, Sesa Goa, Patni, Opto Circuits, Gail, Tulip, Grasim, Edu Comp, Cipla & REC Ltd
Weak Futures
This is the list of 10 Weak Futures: DCB, FSL, Orchid Chem, GTL Infra, Nagar Fert, Praj Ind, Moserbaer, Sintex, Bajaj Hind & KFA.
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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 16th July 2009

Posted: 15 Jul 2009 07:34 AM PDT

Daily trend of the market is now up.
The rally of the market has turned the daily trend of Nifty to uptrend, so the readers may create long positions in Nifty and hold them till the trend does not turn to down.
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Percentage above support
Percentage of stocks above support is now more than 50% so the long term investors may create fresh positions in deliveries and hold them till the percentage support remains more than 50%

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Strong Futures
This is list of 10 Strong Futures: Tcs, Sesa Goa, Tulip, PFC, Edu Comp, Grasim, Indus Ind Bank, LITL ,Patni & Bhushan Steel
Weak Futures
This is the list of 10 Weak Futures: Amtek Auto, Nagar Fert, Praj Ind, Mosear Bear, Bajaj Hind, Chambal Fert, Essar Oil, Adlab Films, BRFL & Orchid Chem.
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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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