Outlook of Indian Stock Market for 28th July, 2017

Daily trend of Nifty is Up. Trend of Nifty has come in uptrend on 6th July, 2017. All world equity markets are moving together. Cash stocks saw a good amount of profit taking on the clearing day. But till trend is up, we hold our positions. ___________________________________________________________________________________________________ Percentage of stocks came above 50% on 5th June, 2017. Hence we hold deliveries till percentage is above 50%. (Please note that all stocks shown as strong or weak are determined on basis of technical analysis and not fundamental analysis) Strong Futures This is list of 10 Strong Futures: Jaiprakash Associates, Yes Bank, INFIBEAM INCORPORATION, Jindal Steel & Power, Godrej Cons Products, MAHINDRA & MAHINDRA FINA, ADANIPOWER, BAJAJ FINANCE, South Indian Bank and Indiabulls Real Estate Weak Futures This is list of 10 Weak Futures: ICICI PRUDENTIAL, Divi s Laboratorie, Karnataka Bank, ITC, SREI Infrastructure , PVR, AJANTA PHARMa, THE RAMCO CEMENTS,NIIT Technologies and GODFREY PHILLIPS ------------------------------------------------------------------------------------------------------------------------------------- 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.