Friday, March 31, 2017

Outlook for 3rd April, 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. The pull and push between the bulls and bears (remember the bears have been badly beaten) continues at higher levels worldwide. The bulls are quite strong as they have made a lot of money so are not ready to easily give up. Till trend is up, we keep holding our longs and just wait silently. Now let us see how the big players make their positions in the next financial year. New financial year, new game, let the cards open.
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Percentage of stocks came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Capital First Limited, RELIANCE DEFENCE, Jet Airways, Torrent Pharma, INDIGO, Housing Development, Rural Electrification, Indiabulls Real Estate, IBULHSGFIN and ADANIENT
Weak Futures

This is list of 10 Weak Futures: INFIBEAM INCORPORATION, Idea Cellular, JUST DIAL, Divi s Laboratories, Hindustan Zinc, STRIDES SHASUN, Ashok Leyland, Glenmark Pharma, Engineers India and Hero MotoCorp
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