Daily trend of the market is down.
Market is very volatile, but there is a support at 4000 level. We have to see whether market takes this support and go up or not. Resistance comes near 4250 - 4300.So if the market takes a counter rally then we can expect the market to go up till 4250
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Percentage above support
Percentage above support is still below 50% (today it is 9 %) so we recommend that no delivery should be bought current levels
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Stong and Weak Futures
This is list of 10 strong Futures: Syndi Bk, Gtoffshore, Moserbaer, Hind UniLvr, Glaxo, Acc, HeroHonda, Jindalsaw, Albk & ColPal. And this is the list of 10 Weak Futures: Unitech, 31Infotech, Ivrprime, Kpit, Aptecht, Hdil, Niit, Strtech, Litl & Ranbaxy
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