Outlook of Indian Stock Market for 22nd 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: GMR Infra, Indiabulls Real Estate, Jaiprakash Asso, BEML, CAN FIN HOMES, Jet Airways (India), INDIGO., BALKRISHNA, L&TFH and Aurobindo Pharma Weak Futures This is list of 10 Weak Futures : Wockhardt, Bharat Petroleum, Lupin, Dish TV India , GAIL (India) , Eicher Motors, IDBI BANK, Mang. Ref & Petochem,BATA INDIA and JUST DIAL LIMITED ------------------------------------------------------------------------------------------------------------------------------------- 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.