Daily trend of the market is down.
Our market has closed above the psychological level of 3000 which is technically a very good sign. But we still expect more volatility in the market . Till Nifty does not close above 3300, we will not call our market in uptrend.
Markets are taking all movements intraday and it seems that once they catch the momentum they tend to remain in momentum in that direction. For this you may click on this link for intraday trend of nifty and other stocks, which is updated for an intraday player
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Percentage above support
Percentage above support is still below 50% (today it is 13%) 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: Educomp, Gtl, Divislab, Bhushamsteel, Indian Bk, Idfc, Chamblfert, Lupin, Sterlinbio & Dabur
Weak Futures
This is the list of 10 Weak Futures: Aurobindo, Amtek auto, Ivr prime urban, Citanjali gems, Unitech, National Alu.,Jindalsteel, United ph & Suzlon
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