Daily trend of the market is Down.
Market has taken a support near 2750 level and is trying to give a short term rally from here. Next resistance comes near 2900 - 3000 levels.
Overall the trend of the market is still down
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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: Can Bk, Infosystch, LIC, M&M, GMR Infra, Nucleus, India Cem, BEL, Dabur & Neyvelilig.
Weak Futures
This is the list of 10 Weak Futures: Rolta, TVS Motor, STAR, Punj Llyod, BRFL, Nagar Const, Siemens, Edu Comp & DLF.
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