Outlook of Indian Stock Market for 8th 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.RBI policy came and went and markets recovered at the end. Till US markets are holding on, markets are holding on. _____________________________________________________________ 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 : CADILA HEALTHCARE, ADANIENT, Escorts Indis, Apollo Tyres Ltd..EQ, KAVERI SEED COMPANY LIMI, CEAT, PC JEWELLER, CAN FIN HOMES, MUTHOOTFIN and Divi s Laboratories Weak Futures This is list of 10 Weak Futures: Sintex Industries, Reliance Comm., Power Finance , Bharat Heavy Elect Ltd.., RURAL ELECTRIFICATION CO, DLF, IFCI, KPIT TECHNOLOGIES, IDBI BANK and Balrampur Chini. ------------------------------------------------------------------------------------------------------------------------------------- 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.