Outlook of Indian Stock Market for 19th June, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. Trends are all up so we go on holding our longs. US as well as our markets are in sideways zone, waiting for a breakout anywhere. Let us see how markets behave and we follow them accordingly. We can never predict but keep following the market. _____________________________________________________________ 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: Jaiprakash Associates, BEML, L&TFH, Indiabulls Real Estate, GMR Infrastructure, Aurobindo Pharma, CAN FIN HOMES, UJJIVAN FINANCIAL SERVIC, MUTHOOTFIN and MCX Weak Futures This is list of 10 Weak Futures : Reliance Comm., JUST DIAL, Dish TV, Bharat Petroleum, TATA CONSULTANCY, Bank of India, BANK OF BARODA, Wipro, Indian Oil Corp and Lupin ------------------------------------------------------------------------------------------------------------------------------------- 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.