Daily trend of the market is Up.
We assume that the readers have bought Nifty at today’s opening of the market at around 2952.
Dollar index has fallen and the Commodities are going up. Rupee is rising which will give confidence to the FIIs to start investing in Indian Stock Market.
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Percentage above support
Percentage above support is still below 50% (today it is 44%) 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: NDTV, RNRL, JP Associates,,Jindal Steel & Po,Sterlite Ind,Nagarjuna Constr,TATA STEEL,Ivrcl, RELINFR, PFC
Weak Futures
This is the list of 10 Weak Futures: Bhushan Steel, REDINGTON,,Rolta,ANSAL PROP,HCL Technologies,Havells India,PURAVANKARA PROJ,Financial Techno,Jindal Saw,BOMBAY RAYON
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