Outlook of Indian Stock Market for 13th 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.A sideways correction is going on which looks more of distribution. 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, Page Industries, PIRAMAL ENTERPRISES, GMR Infra, CAN FIN HOMES, NHPC, Indiabulls Real Estate , MRF, KAVERI SEED COMPANY and MUTHOOTFIN Weak Futures This is list of 10 Weak Futures : Reliance Comm, JUST DIAL, Bank of India, Allahabad Bank, Indian Bank, IDBI BANK LIMITED, BANK OF BARODA, BHARAT FINANCIAL,Oriental Bank of Commerce and Dish TV India ------------------------------------------------------------------------------------------------------------------------------------- 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.