Outlook of Indian Stock Market for 24th 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 still holding on. French elections, Delhi MCD elections, movement of world markets would give more cues going forward. 

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Percentage of stocks above support 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, Sun TV Network Limited, ADANIENT, DLF, The India Cements, PIRAMAL ENTERPRISES, Jain Irrigation Systems , GMR Infrastructure, GRANULES INDIA LIMITED and NCC Limited
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, Jindal Steel & Power, Reliance Comm., Sun Pharma , Tata Steel Limited, Hindustan Zinc, Aurobindo Pharma, ICICI BANK , Infosys and Oracle Fin Serv Soft
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