Daily trend of the market is down.
The market moving in a sideways zone and due to clearing pressure it is giving its regular doze of volatility. With a fall in Dollar Index, we saw buying in some commodity stocks.
But the trend of the market is still down, none of the world market is in uptrend, so let us wait
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Percentage above support
Percentage above support is still below 50% (today it is 11%) 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: Sterlin Bio, NTPC, IOC, BPCL, TTML, Hind Petro, IVRCL Infra, Glaxo, MTNL & GTL
Weak Futures
This is the list of 10 Weak Futures: Havells, Penin Land, Bhushan Stl, BEML, HDIL, Uni Phos, Matrix Lab, Suzlon, Ansal Infra, Purva & Unitech.
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