Friday, March 03, 2017

Outlook of Indian Stock Market for 6th 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, Reliance, GMR Infrastructure, Hindalco, Karnataka Bank, JUBLFOOD, Development Credit Bank , KAVERI SEED COMPANY and Reliance Capital
Weak Futures

This is list of 10 Weak FuturesBharat Petroleum Ltd, NTPC Limited, Eicher Motors Ltd, Jain Irrigation Systems , BANK OF BARODA, IDBI BANK LIMITED, Ashok Leyland, NCC Limited, IDFC LIMITED and BHARAT FINANCIAL
-------------------------------------------------------------------------------------------------------------------------------------

Free Letter Disclaimer
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

No comments: