Daily trend of the market is Up.
Our readers may be long in Nifty Futures bought at 2952 (approx.) on 11th December. Technically market is in uptrend and you may go on holding the longs till the trend remains in uptrend.
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 47%) 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, JPAssociat, RNRL, DLF, Hindujaven, Jindal Steel, RCom, Tata Steel, Nagar Const & IVRCL Infra
Weak Futures
This is the list of 10 Weak Futures: Bhusan Steel, Rolta, HCL Tech, Redinton, Financial Tech, Bharat Forg., Ashok Leyl, Jindal Saw Ltd, GT Offshore & Uni Phos_____________________________________________
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