Daily trend of the market is Up.
Market is moving in a sideways consolidation zone. But as the markets are in uptrend so we presume that the readers are long in Nifty Futures bought at 2952 (approx.) on 11th December . You may go on holding the longs till the markets remains in uptrend.
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Percentage above support
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 down below 50%
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Strong Futures
This is list of 10 Strong Futures: HDIL,DLF LIMITED,Matrix,Patel Engineerin,PURVA,Unitech Ltd,EDUCOMP SOLUTION,Oswal Chem,Aptech Training,SUZLON.
Weak Futures
This is the list of 10 Weak Futures: Jindal Stainless,Satyam Compu,Birla Corp,Bhushan Steel,Rolta,,REDINGTON,Jindal Saw, Vsnl Ltd., Nucleus, Sterling Biotech
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