Friday, March 17, 2017

Outlook of Indian Stock Market for 20th 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. It seems that markets are consolidating or distributing at higher levels. The very sideways movements in world markets with very low implied volatility is a sign of concern. In Indian markets also the volatility has come down. But well, the trend is still 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, IBULHSGFIN, MAHINDRA & MAHINDRA FINA, Jet Airways, Rural Electrification, SHRIRAM TRANS FIN, Torrent PharmaJindal Steel & Power, PC JEWELLER and Apollo Tyres
Weak Futures

This is list of 10 Weak Futures: COALINDIA, Jaiprakash Associates, Bharti Airtel, United Spirits Limited, Apollo Hospitals, Dr. Reddys Lab, Hindustan Petroleum Corp, NMDC Limited, IDBI BANK and Glenmark Pharma
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