Outlook of Indian Stock Markets for 31st May, 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. The fall in cash stocks has stopped on 30th May in Indian Equity Markets but let us see if they can go up after trading of 31st May. _____________________________________________________________ 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 : PC JEWELLER, Ashok Leyland, KAVERI SEED, Jindal Steel & Power, Escorts India, ITC, , Motherson Sumi, Hindustan Unilever and NIIT Technologies Weak Futures This is list of 10 Weak Futures: Sintex Industries, Reliance Comm, Reliance Infra, Bharat Heavy Elect, IFCI Ltd..EQ, Reliance Capital, JUBLFOOD, IDBI BANK, Glenmark Pharma and Allahabad Bank ------------------------------------------------------------------------------------------------------------------------------------- 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.