Outlook of Indian Stock Market for 15th May, 2017

Daily trend of Nifty is Up.

Trend of Nifty had come in uptrend again on 24th April, 2017. In spite of small corrections taking place, the trend is still up. 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: DALMIA BHARAT, CG POWER AND INDUSTRIAL , NIIT Technologies, Indiabulls Real Estate, Escorts India, DLF, Eicher Motors , Allahabad Bank, Indian Bank and Idea Cellular
Weak Futures

This is list of 10 Weak Futures: Glenmark Pharma, Biocon Limited, Jain Irrigation Systems , ADANIPOWER, Apollo Tyres, Indraprastha Gas, Oriental Bank of Commerc, INFIBEAM INCORPORATION, Lupin amd Arvind Limited

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