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Thursday, June 08, 2017
Outlook of Indian Stock Market for 9th 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.There is a huge number of news coming from various countries which are good and bad but till trend of markets is up, we keep holding our positions.
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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, KAVERI SEED COMPANY, Escorts India, Divi s Laboratories, ADANIENT, NIIT Technologies, PC JEWELLER, Apollo Tyres, CEAT Limited and MRF
Weak Futures
This is list of 10 Weak Futures Reliance Comm, Balrampur Chini, Bharat Heavy Elect L, IDBI BANK, IFCI, Power Finance Corporatio, RURAL ELECTRIFICATION, JUST DIAL and Allahabad BanK
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