Wednesday, March 15, 2017

Outlook of Indian Stock Market for 16th 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 .Rupee has sharply appreciated against the dollar and other currencies in past few weeks. US markets are holding on. Nifty should have moved much higher but has not moved. What is the reason?. Well, let us wait as when trend is up means markets still have steam left.
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On popular demand we have restarted our advisory services free trial  for intraday buy and sell recommendations in Nifty Futures and Bank Nifty Futures.

This free trial will be for two weeks through whatsapp. During the free trial you may do paper trading on the basis of the buy and sell recommendations

So if you are interested in the above said free trial in Nifty Futures or Bank Nifty Futures then email to neera@crnindia.com or whatsapp on 9350812493 . My suggestion is that only traders used to intraday trading should take this trial as intraday trading is risky
(Please  Email or whatsapp your query.)
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Percentage of stocks came above 50% on 1st  January, and are still above 50%.

Strong Futures

This is list of 10 Strong Futures: SHRIRAM TRANS FIN, INDO COUNT, Dish TV India, MRF Ltd, Century Textiles, Housing Development, CEAT, DEWAN HOUSING FINANCE, JUST DIAL LIMITED and Apollo Tyres
Weak Futures

This is list of 10 Weak Futures: COALINDIA, Torrent Power, BHARAT FINANCIAL, Dr. Reddys Lab, Apollo Hospitals, TECH MAHINDRA, Hindustan Zinc, Indian Oil Corp, Bharat Petroleum and IDBI BANK
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