Outlook of Indian Stock Market for 11th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. Overall trend remains up only. Keep holding your longs till the rally is going on. Trend is your friend and it discounts everything.

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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: NIIT Technologies, CG POWER AND INDUSTRIAL , Escorts India, Indiabulls Real Estate, GUJARAT STATE FERT, Indian Bank, FEDERAL BANK, Godrej Cons Products, Siemens and Bharti Airtel
Weak Futures

This is list of 10 Weak Futures: Biocon, JUBLFOOD, INFIBEAM INCORPORATION, Dish TV India Limited.EQ, Lupin, Apollo Tyres, Hindustan Zinc, ADANIPOWER, AJANTA PHARMA and BHARAT FINANCIAL
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