Outlook of Indian Stock Market for 21st 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. _____________________________________________________________ Percentage of stocks had 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: BEML, Indiabulls Real Estate, GMR Infra, Jaiprakash Associates, CAN FIN HOMES, L&TFH, Aurobindo Pharma, INDIGO, Cholamandalam Investment and Jet Airways Weak Futures This is list of 10 Weak Futures : IDBI BANK, Bharat Petroleum, Dish TV India, Lupin, Reliance Comm, Punjab National Bank, JUST DIAL,Bank of India, National Alum Co and Eicher Motors ------------------------------------------------------------------------------------------------------------------------------------- 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.we strictly follow technical analysis. 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.