Watch our Analyst (Neera Jain) discuss various stocks at CNBC Awaz on 27th February between 11.00 am till 12.00 noon on Programme Sauda Aapka
Daily trend of the market is down.
Today also the market took a counterrally, but it seems it was more due to clearing pressure. The trend of the market will remain in downtrend till it does not breaks the sideways zone and close above 2950-3000, 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: Amtek Auto, APIL, Ultra Cemco, Maruti, Mphasis, Grasim, Matrix Labs, Bharat Forge, Ashok Ley & M&M
Weak Futures
This is the list of 10 Weak Futures: Gitanjali, Aban, Indian Bank, J&K Bank, IOB, GDL, Mah Life, Ranbaxy, Syndicate Bank & EKC
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