Wednesday, March 08, 2017

Outlook of Indian Stock Market for 9th 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, Jet Airways, Reliance Industries, KAVERI SEED COMPANY , GMR Infrastructure, Dish TV India , Jindal Steel & Power, L&TFH, Oracle Fin Serv Soft and CADILA HEALTHCARE
Weak Futures

This is list of 10 Weak Futures: Reliance Comm , NCC Limited, Bharat Petroleum, JSW STEEL LIMITED, Idea Cellular, IDBI BANK, MAHINDRA & MAHINDRA FINA, Vedanta, Allahabad Bank and Hindustan Petroleum
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