Outlook of Indian Stock Market for 29th June, 2017

Daily trend of Nifty is Down. Trend of Nifty had come in downtrend on 27th June, 2017. Till trend is down, we stay away from market. Percentage stocks had come below 50% on 23rd June, 2017. We do not know whether it is the clearing pressure or the start of a fall. Time will tell but as of now trend has turned to down. ___________________________________________________________________________________________________ Percentage of stocks came below 50% on 23rd June, 2017 , so we are not holding any deliveries as of now and will again buy when percentage stocks above support comes above 50%. Strong Futures This is list of 10 Strong Futures : Jaiprakash Associates, Indiabulls Real Estate, Aditya Birla Nuvo , INDIGO, Hindustan Zinc, Grasim Ind, Reliance Capital, Page Industries,Jet Airways (India) and Aurobindo Pharma Weak Futures This is list of 10 Weak Futures : Fortis Healthcare, The India Cements, OIL, JUST DIAL, Bharat Forge, PVR, IRB Infra, Bharat Petroleum, Andhra Bank and BANK OF BARODA ------------------------------------------------------------------------------------------------------------------------------------- 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.