Monday, February 27, 2017

Outlook of Indian Stock Market for 28th 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, Jaiprakash Associates , JUST DIAL LIMITED, Reliance Industries , Jet Airways (India), Wockhardt Ltd, CADILA HEALTHCARE , Development Credit Bank and DEWAN HOUSING FINANCE
Weak Futures

This is list of 10 Weak Futures: BHARTI INFRATEL LIMITED, Tata Motors , Power Grid Corporation , HAVELLS INDIA , Ashok Leyland, Tata Motors, SRF Ltd, BANK OF BARODA, IDBI BANK and NTPC Limited
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