Wednesday, March 01, 2017

Outlook of Indian Stock Market for 2nd 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: Jindal Steel & Power, JUST DIAL LIMITED, Jaiprakash Associates , Karnataka Bank, Reliance Comm., Reliance Industries, Jet Airways (India), Indiabulls Real Estate, GMR Infrastructure and Development Credit Bank 
Weak Futures

This is list of 10 Weak Futures: Hindustan Petroleum Corp, Bharat Petroleum, NTPC Limited, Tata Motors DVR, BHARTI INFRATEL LIMITED, Tata Motors, Power Grid Corporation Eicher Motors, Ashok Leyland and INDO COUNT INDUSTRIES
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