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Monday, June 19, 2017
Outlook of Indian Stock Market for 20th June, 2017
Daily trend of Nifty is Up.
Trend of Nifty had come in uptrend again on 24th April, 2017. We keep holding our longs till trends are up. Trend is our friend and it discounts everything.
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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, Indiabulls Real Estate, BEML, L&TFH, GMR Infrastructure, Aurobindo Pharma, CAN FIN HOMES, MCX, Page Industries and Motherson Sumi
Weak Futures
This is list of 10 Weak Futures : Dish TV India, IDBI BANK, JUST DIAL, Bharat Petroleum, Reliance Comm., RBL BANK , JUBLFOOD, Hindustan Construc Co,Lupin and BANK OF BARODA
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