Tomorrow (Friday) is the Railway Budget and on Monday is the interim Budget, which might be keeping the Indian markets hold on and not letting it fall, may be the investors seem to be expecting some positive news.
Till a rally does not come in the US Markets, it is not easy for the other markets to sustain so one has to remain cautious. But as the trend of the market is still up, so the readers may go on holding their longs in Nifty and deliveries till the trend of the market remains in uptrend.
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Percentage above support
Percentage of stocks above support is now above 50% .So one can go long in deliveries and hold till the the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: WWIL, APIL, Renuka, BEML, Polaris, Shree Cem, Nagar Fert, Jindal Steel, Amtek Auto & Sesa Goa.
Weak Futures
This is the list of 10 Weak Futures: GDL, Aban, DLF, HDIL, Tulip, Punj Lloyd, Omaxe, Jindal Saw, Yes Bank & Tata Tea.
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