Outlook of Indian Stock Market for 21st April, 2017

Daily trend of Nifty is Down.

Trend of Nifty came in downtrend on 18th April, 2017 at Nifty spot 9100. Cash stocks are holding on nicely and the bulls do not seem to be ready to give up on cash midcap stocks. World markets are more or less consolidating in a sideways zone.

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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 Estate, ADANIENT, The India Cements, Jain Irrigation Systems, Sun TV Network, Apollo Tyres, MUTHOOTFIN, Engineers India, PIRAMAL ENTERPRISES and NCC Limited
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, Jindal Steel & Power, Reliance Com, TECH MAHINDRA, Tata Steel, Infosys, Aurobindo Pharma, Jaiprakash Associates, Oracle Fin Serv Soft and NMDC Limited
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