Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com


Outlook for 7th October 2009

Posted: 06 Oct 2009 06:52 AM PDT

Daily trend of the market is up.
The market came near its major support of 4900 – 4950 and resumed its upward movement. So the readers who are holding their longs in Nifty (bought on 25th August) may go on holding the long positions till the trend remains in uptrend.
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Percentage above support
Percentage of stocks above support is above 50% , so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: IOB, Rolta, DCHL, KFA, Ranbaxy, ICICI Bank, Jindal Saw, Lupin, Orchid Chem & Aurobindo Pharma
Weak Futures
This is the list of 10 Weak Futures: Idea, Bharti Airtel, TV-18, MTNL, Rcom, Grasim, Finance Tech, Suzlon, TTML & Unitech.
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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 6th October 2009

Posted: 05 Oct 2009 07:27 AM PDT

Daily trend of the market is up.
The market has major support at 4900 – 4950, so it is expected that the market may resume its upward movement after touching its support. And the readers who are holding their longs in Nifty (bought on 25th August) may go on holding the long positions till the trend remains in uptrend.
_____________________________________________
Percentage above support
Percentage of stocks above support is above 50% , so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: IOB, Orchid Chem, Educomp, Sun Pharma, BEL, Zeel, KFA, Ranbaxy, DCHL & Mphasis
Weak Futures
This is the list of 10 Weak Futures: TV-18, Idea, Grasim, Suzlon, Dish TV, Finance Tech, MTNL, Unitech LTD, GVK Power & Bharti Artel.
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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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