Outlook of Indian Stock Market for 28th April, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Monthly clearing has been cut and now the new clearing starts. Smart money is going to make new positions in new clearing. Overall the scenario looks one of caution. US markets need to be watched closely for next cues.

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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, Bank of India, PIRAMAL ENTERPRISES, IDFCBANK, Reliance Capital, DLF Limited, Andhra Bank and Shree Cements
Weak Futures

This is list of 10 Weak Futures: ADANIENT, ADANIPOWER, Aurobindo Pharma, Lupin, Hindustan Zinc, Dish TV India, Sun Pharma, Tata Steel, AJANTA PHARMA  and JUST DIAL
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