Daily trend of the market is Up.
The trend of market is still up, so we assume that the readers might be long in Nifty Futures bought at 2989 (approximately) on 1st January. You may go on holding the same till the trend remains in uptrend
If Nifty spot closes below 2900 then it will become negative for the market.
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Percentage above support
Percentage of stocks above support is more than 50% .So readers may be long in deliveries bought on 1st of January 2009. Go on holding the deliveries till the percentage above support remains above 50% __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: India info., Dena Bank, Mosear Baer, IFCI, Strtech, Geship, Bajaj Hind, Nagar Const & Indusind Bank.
Weak Futures
This is the list of 10 Weak Futures: Satyam, Bhushan Steel, Sterlin Bio, Rolta, Rendington, TVS Motors, Sunpharma, CMC, Bharti Airtel & Hind Uni Lvr
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