Saturday, April 08, 2017

Outlook of Indian Stock Market for 10th April, 2017

Daily trend of Nifty is up

Our trend of Nifty came in uptrend on 30th December, 2016 closing. (closing was near 8200 levels that day)
Trend of Nifty is still up. Nifty has nearly taken a 1000 points rally since our trend came up. Indian Bonds and Equity Markets did fall in last two day after the policy. But US markets kept holding on even after the Syrian cruise missile attack. Well, till US markets are holding on, it seems our markets are also holding on. Expect some bounce on monday as the trends are still up.
______________________________________________________________________________________

Percentage of stocks came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Container Corp of India, MAX FINANCIAL, DALMIA BHARAT, ADANIENT, ADANIPOWER, BHARTI INFRATEL, PVR Limited, MAHINDRA & MAHINDRA FINA, Reliance Industries and IDFC
Weak Futures

This is list of 10 Weak Futures: INFIBEAM INCORPORATION, JUST DIAL, Jaiprakash , Dish TV India, Hindustan Zinc, JUBLFOOD, TECH MAHINDRA, Divi s Laboratories, Idea Cellular and Sun Pharma
-------------------------------------------------------------------------------------------------------------------------------------

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: