Thursday, March 16, 2017

Outlook of Indian Stock Market for 17th 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. Markets went up all across the world even though Fed increased the interest rate. Normally an interest rate rise is considered negative for markets but it seems markets are holding on as the trends everywhere is up. We wait for next cues coming from dollar. Till trend is up, market is up.
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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: Reliance Capital, JUST DIAL, INDO COUNT, IBULHSGFIN, PC JEWELLER , DEWAN HOUSING FINANCE, SHRIRAM TRANS FIN, GMR Infrastructure, Century Textiles and Dish TV India
Weak Futures

This is list of 10 Weak Futures: COALINDIA, NMDC Limited, United Spirits, Dr. Reddys Lab, BHARAT FINANCIAL, TECH MAHINDRA LIMITED, Apollo Hospitals, Tata ElxsiGlenmark Pharma and United Breweries
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