Outlook of Indian Stock Market for 7th June, 2017

Daily trend of Nifty is Up. Trend of Nifty had come in uptrend again on 24th April, 2017. We go on holding Nifty till trend is up.Please take care in the markets as markets are likely to turn volatile as Vix is quite low plus precious metals have started moving. Also, cash stocks are underperforming the frontline indices in India as well as in US. _____________________________________________________________ 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 : Escorts India, Apollo Tyres, KAVERI SEED, ADANIENT, PC JEWELLER , CEAT, Indraprastha Gas, Hexaware, NIIT Technologies and Divi s Laboratories Weak Futures This is list of 10 Weak Futures: Sintex, Reliance Comm, Power Finance Corp, KPIT TECHNOLOGIES, Bharat Heavy Elect L, IFCI, DLF, Bank of India, IDBI BANK and Reliance Power. ------------------------------------------------------------------------------------------------------------------------------------- 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.