Outlook of Indian Stock Market for 19th April, 2017

Daily trend of Nifty is Down.

The trend of Nifty which came in uptrend on 30th December, 2016 when nifty was around 8200 has come in sell today 18th April, 2017 near 9100 spot index so we quit our long positions in Nifty now and sit aside and wait for Nifty to again come in uptrend when we can take positions. (Shorting is only recommended for professional traders). Midcap stocks which were the flag bearers of the equity rally are holding on as they are above 50% so let us see whether they pull the Nifty up or Nifty pulls them down. 

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Percentage of stocks came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Indiabulls Real Estate, ADANIENT, PIRAMAL ENTERPRISES, Container Corp of India., Indian Oil Corp, Bank of India, Bharat Petroleum Ltd, NCC Limited,DLF Limited and Engineers India
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, Reliance Comm, JUST DIAL LIMITED, Tata Steel Limited, BHARAT FINANCIAL, TECH MAHINDRA, Infosys Limited, Hexaware Technologies, Cairn India and Hindustan Zinc
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Outlook of Indian Stock Market for 18th April, 2017

Daily trend of Nifty is up

Our trend of Nifty came in uptrend on 30th December, 2016 closing. (closing was near 8200 levels that day)

Trend of Nifty is still up. Nifty has nearly taken a 1000 points rally since our trend came up. We were expecting some fireworks in the markets on Monday but everything turned out to be only sideways. The flows of news on the international frontier was already discounted in the markets. Gold and Rupee were more or less flat. Trend of Nifty and stocks remains up only. We keep holding our longs. (It seems that worldwide, the bulls are not ready to handover the reins of the market to bears, they want the party to continue and that is why our trend also remains up). Charts discount the news and plans of big players, well, life is like that, enjoy the party till it is going in your favor.

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Percentage of stocks came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Indiabulls Real Estate, PIRAMAL ENTERPRISES, Housing Development , DLF Limited, ADANIENT, NCC, Container Corp of India, Indian Oil Corp, Apollo Tyres and MAX FINANCIAL SERVICES
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, Reliance Comm, TECH MAHINDRA, JUBLFOOD, Infosys, JUST DIAL, Hindalco Ind, Jaiprakash Associates, NMDC and Tata Steel
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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.

Outlook of Indian Stock Market on 17th April, 2017

Daily trend of Nifty is up

Our trend of Nifty came in uptrend on 30th December, 2016 closing. (closing was near 8200 levels that day)

Trend of Nifty is still up. Nifty has nearly taken a 1000 points rally since our trend came up. World equity markets are not able to move up courtesy the international situation at Korea and Syria, rather precious metals have moved up sharply contracting all analysts that Gold and Silver are unlikely to move. Gold is at levels when Trump was declared the President. If Gold moves up further from here, then there is danger to equity markets. All good things have to come to an end, are the equity markets trying to top out for sometime before they resume the trend. Now Nifty is at crucial support levels and a slight closing below the current levels on Monday would negate the uptrend. Monday is a crucial day.

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Percentage of stocks came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures Indiabulls Real Estate, PIRAMAL ENTERPRISES, RURAL ELECTRIFICATION, Container Corp of India,Bharat Petroleum, Indian Oil Corp, MAX FINANCIAL SERVICES, Power Finance Corporatio, CEAT Limited and NCC
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, Infosys, Reliance Comm, INFIBEAM INCORPORATION, Hindalco, TECH MAHINDRA, HCL Technologies, Jaiprakash Associates, Tata Steel and ADANIPORTS
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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.

Outlook of Indian Stock Market for 13th April, 2017

Daily trend of Nifty is up

Our trend of Nifty came in uptrend on 30th December, 2016 closing. (closing was near 8200 levels that day)

Trend of Nifty is still up. Nifty has nearly taken a 1000 points rally since our trend came up. Geopolitical tensions around the world are only increasing the volatility but till US markets are holding on, there seems to be no worry to money which is moving in the equity markets. Movement of smart money to precious markets is a worry for equity markets. But till trend of Nifty is up here, nothing to worry, we keep holding our longs.

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Percentage of stocks came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Rural Electrification Co, Indiabulls Real Estate, BHARTI INFRATEL, MAX FINANCIAL SERVICES, Container Corp of India., Bharat Petroleum, Power Finance Corporatio, Karnataka Bank, Development Credit Bank and INDIGO
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, INFIBEAM INCORPORATION, BHARAT FINANCIAL, Reliance Comm, JUBLFOOD, Jaiprakash Associates, Hindustan Zinc, JUST DIAL , TECH MAHINDRA and Dish TV India
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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.

Outlook of Indian Stock Market for 12th April, 2017

Daily trend of Nifty is up

Our trend of Nifty came in uptrend on 30th December, 2016 closing. (closing was near 8200 levels that day)

Trend of Nifty is still up. Nifty has nearly taken a 1000 points rally since our trend came up. Good to see the markets taking a small rally but overall in an uptrend, the markets are consolidating at higher levels. A correction can be of two types, namely a time correction or a points correction. In a time correction, markets just consolidates sideways and a in a point correction, markets take a sudden correction of points and then go up. It seems here the sideways time correction is taking place. Let us wait with our holdings till trends are up.

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Percentage of stocks came above 50% on 1st  January, and are still above 50% and till then we keep holding the deliveries.

Strong Futures

This is list of 10 Strong Futures: Rural Electrification, Karnataka Bank, MAX FINANCIAL, Power Finance Corporatio, Container Corp of India, Oriental Bank of Commerc, CEAT, ADANIENT, Apollo Tyres and BHARAT ELECTRONICS
Weak Futures

This is list of 10 Weak Futures: ADANIPOWER, INFIBEAM INCORPORATION, JUBLFOOD,BHARAT FINANCIAL, Infosys, Hindustan Zinc, Tata Power, Ashok Leyland, JUST DIAL & HCL Technologies
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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.