Thursday, January 12, 2017

Outlook of Indian Stock Market for 13th 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: BEML, ADANIPOWER, Steel Authority of India, JSW STEEL, Jaiprakash Associates, NHPC, Jindal Steel & Power, Yes Bank, PTC and IBULHSGFIN

Weak Futures

This is list of 10 Weak Futures: Divi s Laboratories, Reliance Comm, GRANULES INDIA, CADILA HEALTHCARE, Idea Cellular,DrReddys Lab, MindTree, LIC Housing Finance, Torrent Pharma and Hexaware Technologies 
-------------------------------------------------------------------------------------------------------------------------------------
Meditation helps you in Trading and if you can't sit comfortably then you may use this Meditation Chair.

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.

No comments: