Daily trend of the market is Down.
Indian Market has taken a good support at 2850 levels and is taking a rally. Market faces its next resistance at 2900 – 3000 levels.
It seems that the market is trying to take a rally before Obama takes oath on 20th January. Let us see if the rally is able to sustain.
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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: Balrampur Chin, Neyveli, Triveni, Renuka, Maruti, M&M, Nuclues, Moserbaer, Infosystech & Hind Petro..
Weak Futures
This is the list of 10 Weak Futures: Rolta, Sasken, TVS Motors, Sterlite Tech, Pantaloon, DLF, Uni Tech, Purva, Siemens & Punj Llyod.
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