Outlook of Indian Stock Market for 12th 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.Till now markets are going up only irrespective of positive or negative news but it seems that markets are quite shaky at higher levels. But till trends are up, we hold our positions as we assume that trends know everything seen or unseen. _____________________________________________________________ Percentage of stocks has come above 50% on 1st June, 2017 , so the readers who created long positions in cash market my keep holding stocks till the percentage of stocks above support remains more than 50%. Strong Futures This is list of 10 Strong Futures CADILA HEALTHCARE, KAVERI SEED COMPANY, NHPC, ADANIENT, CAN FIN HOMES, NIIT Technologies, MUTHOOTFIN, MRF, Page Industries and Escorts India Weak Futures This is list of 10 Weak Futures : Reliance Comm, JUST DIAL, Power Finance Corporatio, Reliance Infrastructu, OIL, GAIL (India), Bharat Heavy Elect, Allahabad Bank and ADANIPOWER ------------------------------------------------------------------------------------------------------------------------------------- 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.