Outlook of Indian Stock Market for 20th April, 2017

Daily trend of Nifty is Down.

Trend of Nifty came in downtrend on 18th April, 2017 at Nifty spot 9100. Cash stocks percentage is still above 50% which is holding the market. Let us see how markets behave next, important cues could be got from movement of Gold, Rupee and US markets.

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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: Indiabulls Real, ADANIENT, Container Corp of India., PIRAMAL ENTERPRISES, NCC Limited, Jain Irrigation Systems, Sun TV Network, Indian Oil Corp., The India Cements and Power Grid
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, Jindal Steel & Power, Reliance Comm, JUST DIAL, TECH MAHINDRA, Tata Steel, Hindustan Zinc, Oracle Fin Serv, Indian Bank and Infosys
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