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 so as per the trend you may go on holding the longs till the trend remains in uptrend.
Percentage above support came above 50% on 15th December, so we assume that the readers might have bought deliveries on 16th December when nifty opened at around 2970 and will be holding them. We plan to go on holding them till percentage does not comes below 50%.
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Strong Futures
This is list of 10 Strong Futures: Bajaj Hind, HDIL, STR Tech, Bindal Agro, Wej Guj, Patel Eng, AmbujaCem, IFCI, Amtek Auto & GE Ship..
Weak Futures
This is the list of 10 Weak Futures: Bhushan Stl, Redington, Rolta, Bharat Forg, HCL Tech, TCS, Satyam Comp, Jindal Saw, Infosys Tech & Abb
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