Daily trend of the market is down.
Today the Indian Markets went up on news of big package coming. European Governments are reducing the interest rates one after the other, governments across the world are bringing out fresh packages to revive the economy . So now if Dow closes above its resistance of 8900 – 9000 then we can expect a big rally coming in
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Percentage above support
Percentage above support is still below 50% (today it is 28%) 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: Sun TV, Andhra Bank, LIC, Nagarjuna Constr, CESC, IVRCL Infrast, Dr. Reddy's, NDTV, IDFC & Bharat Petro
Weak Futures
This is the list of 10 Weak Futures: BRFL, BEML, M&M, Voltas, Suzlon, Unitech, Havells, Ansal Infra, Bhushan Steel & Purva
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