Outlook of Indian Stock Market for 27th April, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. The world equity markets are having a party and it seems US markets are the driving force of world equity markets due to a heavy liquidity there. Till US markets do not show any signs of weakness, it seems the party will go on.

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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, The India Cements, Indian Bank, MRF, Bank of India, PIRAMAL ENTERPRISES, DLF Limited, CEAT Limited, Shree Cements and Sun TV Network.
Weak Futures

This is list of 10 Weak Futures: ADANIENT, ADANIPOWER, AJANTA PHARMA, Jindal Steel & Power, Dish TV India, Infosys, Cipla, Aurobindo Pharma, Reliance Comm and HCL Technologies
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