Daily Newsletter from crnindia.com

Daily Newsletter from crnindia.com


Outlook for 9th October 2009

Posted: 08 Oct 2009 06:42 AM PDT

Daily trend of the market is up.
Market is taking resistance at 5000-5050 and it has to be seen whether market is above to cross this resistance or not, but as the daily trend is still up,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: DCHL, IOB, Aurobindo Pharma, Lupin, Jindal Saw, Orchid Chem, KFA, Canara bank, HDIL & Nagarjuna Const.
Weak Futures
This is the list of 10 Weak Futures: Bharti Airtel, Idea, Rcom, TV-18, MTNL, Grasim, Suzlon, HCL Tech, Tulip & Aditya Birla
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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 8th October 2009

Posted: 07 Oct 2009 08:40 AM PDT

Daily trend of the market is up.
Today the market has again started going near its technical support, but as the daily trend is still up,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.
_____________________________________________
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, Lupin, Pirmal Health, DCHL, Orchid Chem, Canara bank, Sesa Goa, Aurobindo Pharma, Jindal Saw & Yes Bank
Weak Futures
This is the list of 10 Weak FuturesIdea, Bharti Airtel, Rcom, TV-18, MTNL, Suzlon, Grasim, Finance Tech, Unitech & Tulip.
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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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