Daily trend of the market is down.
Markets across the world are trying to recover 20% from their lows which is a sign that the bottoms have been made from their lows. Even Nifty and Sensex have recovered 20% from their lows. We are waiting for the first higher bottom higher top to be made in Nifty after which we can call the short term trend to be up. Till then we wait.
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Percentage above support
Percentage above support is still below 50% (today it is 3%) so we recommend that no delivery should be bought at current levels.
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Strong Futures
This is list of 10 Strong Futures: GTL, Titan, Hotel Leela, Sterling Bio, Indian Bank, Lupin, Infosys, Hero Honda, Colpal and GDL
Weak Futures
This is the list of 10 Weak Futures: Parsvnath, Bajaj Hind, National Alu, Ivrcl Infrast, Ivr Prime Urban, Brigade, Jindal Stainl, Puravankara Proj,Suzlon and United Phosphoro
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