Outlook of Indian Stock Market for 2nd May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend remains up. 

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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: Bank of India, FEDERAL BANK, Indian Bank, Andhra Bank, Indiabulls Real Estate, CANARA BANK, Oriental Bank of Commerc, Allahabad Bank, South Indian Bank and Mang. Ref & Petochem
Weak Futures

This is list of 10 Weak Futures: ADANIENT,Aurobindo Pharma, ADANIPOWER, Lupin Limited, JUST DIAL LIMITED, Hindustan Zinc, Dish TV India, Oracle Fin Serv Soft, SHRIRAM TRANS FIN and Sun Pharma
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