Daily trend of the market is Up.
The market decisively closed above 2900 and the percentage above support is also above 50%. One can go long in deliveries as well as in Nifty.
Markets are remaining volatile and is giving very fast buy and sell signals . But we do not know when these signals ,may turn into decisive signal either side. So if trading has to be done then every signal has to be taken.
If Nifty spot closes below 2900 again then it will become negative for the market.
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Percentage above support
Percentage above support are now again above 50% .So Fresh investment can be done in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Matrix labs, Jet Airways, Bajaj Hind, Aptech, Auro Pharma, Renuka, Suzlon, Sun TV, Balram Chini & Patel eng.
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Rolta, Redington, TVS Motors, Aban, HCL tech, GT Offshore & Finan Tech
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