Market is taking a much needed correction. But as overall trend is still up, the readers who are holding longs in Nifty since 17th April may go on holding them till the trend remains up.
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who are holding longs in cash market may go on holding them till the percentage above support remains more than 50%.
This is list of 10 Strong Futures: UCO Bank, Rcom, Adani Power, Ibrealest, LIC Housing, Adani Ports, HDIL, IRB Infra, IVRCL Limited and Adani Port.
This is list of 10 Weak Futures: IGL, Jindal Steel, FRL, NMDC, GSPL, Tech M, OFSS, Wipro, Opto Circuits and Renuka.
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