Tuesday, December 27, 2016

Outlook of Indian Stock Market for 28th December, 2017

Daily trend of the market is down
Market had come in downtrend on 20th December. So the readers who had quit their long positions on 21st Dec may not create long positions till the trend remains down..

Percentage above support Percentage of stocks is still below 50%, so the readers who has quit their longs in cash market on 15th December may not create long positions till percentage above support remains below 50%.

Strong Futures
This is list of 10 Strong Futures: BEML, PC JEWELLER, Indian Oil Corp, Century Textiles, Engineers India, TATA CONSULTANCY SERV, ITC, Exide Industries, CESC and BATA INDIA

Weak FuturesThis is list of 10 Weak Futures: Divi s Laboratories, BHARAT FINANCIAL, JUST DIAL, CANARA BANK, Allahabad Bank, Housing Development, Hindalco, Rural Electrification, Union Bank of India and Punjab National Bank


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