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. We were expecting some fireworks in the markets on Monday but everything turned out to be only sideways. The flows of news on the international frontier was already discounted in the markets. Gold and Rupee were more or less flat. Trend of Nifty and stocks remains up only. We keep holding our longs. (It seems that worldwide, the bulls are not ready to handover the reins of the market to bears, they want the party to continue and that is why our trend also remains up). Charts discount the news and plans of big players, well, life is like that, enjoy the party till it is going in your favor.
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Strong Futures
This is list of 10 Strong Futures: Indiabulls Real Estate, PIRAMAL ENTERPRISES, Housing Development , DLF Limited, ADANIENT, NCC, Container Corp of India, Indian Oil Corp, Apollo Tyres and MAX FINANCIAL SERVICES
Weak Futures
This is list of 10 Weak Futures: ADANIPOWER, Reliance Comm, TECH MAHINDRA, JUBLFOOD, Infosys, JUST DIAL, Hindalco Ind, Jaiprakash Associates, NMDC and Tata Steel
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