Daily trend of the market is down.
Indian Markets are still comparatively stronger than the world markets, but till the world markets do not move our market will not be able to go up. As it is clearing is approaching this coming Thursday, so expect volatility to continue.
The market is in downtrend so it is recommended that 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 below 50% .So 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: APIL, Matrix Labs, SRF, Maruti, Shree Cem, Amtek Auto, Grasim, Colpal, Power Grid & GTL
Weak Futures
This is the list of 10 Weak Futures: EKC, Aban, GDL, Pantaloon, Mah Life, IOB, Tulip, J&K Bank, Bajaj Hind & Orient Bank
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