Outlook of Indian Stock Market for 1st June, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. We go on holding Nifty till trend is up. As far as cash stocks is concerned, we still wait. _____________________________________________________________ Percentage of stocks came below 50% on Friday 20th May, 2017 , so the readers may not create long positions in cash market till the percentage of stocks above support remains less than 50%. Strong Futures This is list of 10 Strong Futures MAHINDRA & MAHINDRA FINA, Escorts India, PC JEWELLER, IBULHSGFIN, Ashok Leyland, KAVERI SEED COMPANY, South Indian Bank, LIC Housing Finance, Indraprastha Gas and Mah & Mah Weak Futures This is list of 10 Weak Futures: Sintex Industries, Reliance Comm, Bharat Heavy Elect, Bank of India, Power Finance Corporatio, IDBI BANK, Allahabad Bank, Reliance Infra, Dish TV and JUBLFOOD ------------------------------------------------------------------------------------------------------------------------------------- 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.