Thursday, February 23, 2017

Outlook of Indian Stock Market for 27th Feb, 2017

Daily trend of Nifty is up

Our trend of Nifty came in uptrend on 30th December, 2016 closing.
Trend of Nifty is still up . But as markets are overbought and have started a profit taking so on should be cautious while remaining long in the market

Percentage of stocks came above 50% on 1st  January, and are still above 50%.

Strong Futures

This is list of 10 Strong Futures: Jindal Steel & Power, JUST DIAL LIMITED, Idea Cellular, Development Credit Bank , Reliance Industries, Jet Airways (India), Karnataka Bank, DEWAN HOUSING , Reliance Comm. and Jaiprakash Associates
Weak Futures

This is list of 10 Weak Futures: INDO COUNT INDUSTRIES , Tata Motors DVR , SRF Ltd, Container Corp of India, BHARTI INFRATEL, Tata Motors, HAVELLS INDIA , NTPC Limited, Steel Authority of India and Ashok Leyland
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