Friday, March 10, 2017

Outlook of Indian Stock Market for 14th March, 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: JUST DIAL, Dish TV India, Jindal Steel & Power, Development Credit Bank , Housing Development , INDO COUNT INDUSTRIES, Reliance , JUBLFOOD, Oracle Fin Serv and Sun TV Network Limited
Weak Futures

This is list of 10 Weak Futures: Hindustan Zinc, Bharat Petroleum, Dr. Reddys Lab, Apollo Hospitals, TECH MAHINDRA, Vedanta, MAHINDRA & MAHINDRA, The India Cements, Idea Cellular and Glenmark Pharma
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