Outlook of Indian Stock Market for 10th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. It seems the world markets are waiting for the next move from US markets. Once they move out of their sideways zone will our Indian markets also move. Let us wait till then. We go on holding our longs.

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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, FEDERAL BANK, DALMIA BHARAT, Godrej Cons, GUJARAT STATE FERT, Indian Bank, Hexaware Technologies, Housing Development, CEAT and DLF
Weak Futures

This is list of 10 Weak FuturesLupin, AJANTA PHARMA, INFIBEAM INCORPORATION, Hindustan Zinc, JUBLFOOD, ADANIPOWER, Reliance Comm., Jain Irrigation Systems, Biocon Limited and Indraprastha Gas
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