Daily trend of the market is Down.
With uncertainty growing, the market is taking its toll and it is expected that market may remain in downtrend in near future. The Dow on short term seems to be oversold but we will have to wait for it to come in uptrend.
Till Indian market does not come in uptrend again we do not wish to buy
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Percentage above support
Percentage of stocks above support is below 50% .So no investment in deliveries should be done till the percentage above support remains below 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Grasim, India Cem, Dabur, Maruti, Guj Alkali, BEL, Shree Cem, GTL, Sun Pharma, Neyvelilig.
Weak Futures
This is the list of 10 Weak Futures: Punj Lylod, Nagar Const, LITL, DLF, Ansal Infra, Star, TVS Motors, HDIL, R Com & Rolta.
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