Thursday, April 06, 2017

Outlook of Indian Stock Market for 7th April, 2017

Daily trend of Nifty is up

Our trend of Nifty came in uptrend on 30th December, 2016 closing. (closing was near 8200 levels that day)
Trend of Nifty is still up. Nifty has nearly taken a 1000 points rally since our trend came up. RBI policy was left unchanged. Rupee is strong as ever. We keep holding our longs till trend is up.
______________________________________________________________________________________

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: Reliance, ADANIPOWER, ADANIENT, Indiabulls Real Estate, JSW STEEL, JSWENERGY, Jindal Steel & Power, Steel Authority of India, Bharat Heavy Elect and Power Finance Corporation
Weak Futures

This is list of 10 Weak Futures: INFIBEAM INCORPORATION,Idea Cellular, BHARAT FINANCIAL, Hindustan Zinc, TECH MAHINDRA, JUST DIAL, Divi s Laboratories, JUBLFOOD, COALINDIA and Apollo Hospitals
-------------------------------------------------------------------------------------------------------------------------------------

Free Letter Disclaimer
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

No comments: