Tuesday, March 07, 2017

Outlook of Indian Stock Market for 8th 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: JUST DIAL LIMITED, Reliance Industries, KAVERI SEED COMPANY , ADANIPOWER, Jindal Steel & Power, Dish TV India Limited, Voltas Ltd, GMR Infrastructure, Sun TV Network Limited and Karnataka Bank 
Weak Futures

This is list of 10 Weak Futures: Bharat Petroleum, NTPC Limited, Britannia IndEicher Motors, Hindustan Zinc, BANK OF BARODA, Glenmark Pharma, NCC Limited, Engineers India and Allahabad Bank
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