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Thursday, January 19, 2017

Outlook of Indian Stock Market for 20th January, 2017

Daily trend of Nifty is up
Friday 20th January, 2017 is oath of Trump.
Our trend of Nifty came in uptrend on 30th December, 2016 closing and we are holding our long position since then.

Trend of Nifty is still up but the momentum in the equity market is lacking. Since the clearing is next week, markets may hold for sometime but we will prefer to quit the positions on Friday 20th January, 2017 and sit outside. 

We will be out and now prefer to take our positions after 1 Feb, 2017.

Percentage of stocks came above 50% on 1st  January, so the readers who created long positions in cash market can keep holding longs till the percentage of stocks above support remains more than 50%

Strong Futures

This is list of 10 Strong Futures: ADANIPOWER, KAVERI SEED COMPANY, Torrent Power, FEDERAL BANK, UPL LIMITED, Tata ElxsiSintex Industries,India Cements, Steel Authority of India and JSW STEEL

Weak Futures

This is list of 10 Weak Futures: JSWENERGY, Divi s Laboratories, PC JEWELLER, OIL, Engineers India, Reliance Industries, Idea Cellular, Dr. Reddys Lab, NHPC and Apollo Tyres
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Free Letter Disclaimer
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.

President Donald Trump takes oath of office in US on 20th January, 2017

20 January is going to a big day in the world markets when the new US President Donald Trump takes oath of office.
The US markets are near all time high on big expectations from Trump. Can the US equity market deliver results after that.
Bond markets in US had taken a sharp fall but have seen some counter rally recently, can it sustain.?

Gold and Silver the precious metals have been taking a rally in the past one month, is it that the money is moving in safe heavens?

The divided US with a large population who voted for Hillary have still not come out of that defeat feeling.

20 January, 2017 is also the clearing day of the US equities so it could be that the markets are holding on to the high levels.

It makes sense for long term investors in US to take profits off the table and let some time pass to see how the markets behave post Trump coming to power.

Let us wait with this uncertain 2017 for world markets. Could be that the Precious Metals might be the best class of investments for 2017.

Your comments would be highly appreciated.
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Wednesday, January 18, 2017

Outlook of Indian Stock Market for 19th January, 2017

Daily trend of Nifty is up
Market had come in uptrend on 30 December closing. So the readers who have made their long positions on closing 30th December can keep holding their positions till the trend of Nifty is up.

Percentage of stocks came above 50% on 1st  January, so the readers who created long positions in cash market can keep holding longs till the percentage of stocks above support remains more than 50%

Strong Futures

This is list of 10 Strong Futures: ADANIPOWER, Steel Authority of India, KAVERI SEED, Tata Steel Limited, FEDERAL BANK, United Spirits, INDO COUNT, UPL, DEWAN HO\USING FINANCE and Tata Elxsi

Weak Futures

This is list of 10 Weak Futures: Idea, Divi s Lab, Reliance Industries, PC JEWELLER, TV18 Broadcast Limited, Reliance Comm, Dr. Reddys Lab, Infosys Limited, OIL and Petronet LNG
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Free Letter Disclaimer
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.

Tuesday, January 17, 2017

Outlook of Indian Stock Market for 18th January, 2017

Daily trend of Nifty is up
Market had come in uptrend on 30 December closing. So the readers who have made their long positions on closing 30th December can keep holding their positions till the trend of Nifty is up.

Percentage of stocks came above 50% on 1st  January, so the readers who created long positions in cash market can keep holding longs till the percentage of stocks above support remains more than 50%

Strong Futures

This is list of 10 Strong Futures: IBULHSGFIN, KAVERI SEED, DEWAN HOUSING FINANCE, ADANIPOWER, UPL, Steel Authority of India, United Spirits, Rural Electrification, FEDERAL BANK and DLF

Weak Futures

This is list of 10 Weak Futures: Divi s Laboratories, Reliance Comm, Idea Cellular, Reliance Industries, NIIT Technologies, TV18 Broadcast, Infosys, Petronet LNG, MindTree and Dr. Reddys Lab
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Free Letter Disclaimer
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.

Monday, January 16, 2017

Outlook of Indian Stock Market for 17th January, 2017

Daily trend of Nifty is up
Market had come in uptrend on 30 December closing. So the readers who have made their long positions on closing 30th December can keep holding their positions till the trend of Nifty is up.

Percentage of stocks came above 50% on 1st  January, so the readers who created long positions in cash market can keep holding longs till the percentage of stocks above support remains more than 50%

Strong Futures

This is list of 10 Strong Futures: DEWAN HOUSING FINANCE, IBULHSGFIN, Steel Authority of India, INDO COUNT INDUSTRIES, BEML, Rural Electrification Co, ADANIPOWER, NHPC, Tata Steel Limited and India Cements
Weak Futures

This is list of 10 Weak Futures: Divi s Laboratories, Reliance Comm, Idea Cellular, Infosys, MindTree, TATA CONSULTANCY SERV, CADILA HEALTHCARE, Dr. Reddys, Petronet LNG and Hexaware Technologies
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Free Letter Disclaimer
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.