Daily trend of the market is down.
Today the Indian markets have come in downtrend again. So the readers who were long since 9th February may quit their longs in Nifty and also in deliveries.
Till the trend remains in downtrend no buying positions should be created
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Percentage above support
Percentage of stocks above support is now below 50% .So those who had bought deliveries may quit them on 17th February morning. And then no investment in deliveries should be done till the percentage above support remains below 50%
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Strong Futures
This is list of 10 Strong Futures: WWIL, Renuka, Amtek Auto, Edu Comp, BEL, ACC, M&M, Maruti,Hero Honda & India Info
Weak Futures
This is the list of 10 Weak Futures: GDL, EKC, Aban, Tulip, HDIL, DLF, Punj Lloyd, Wel Guj, IVR Prime & Jindal Saw
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