Daily trend of the market is Up.
The way metal stocks and the commodity stocks are performing along with Shanghai Index, they are giving a confidence that the markets might take a rally on Monday.
Daily trend of Nifty is in uptrend since 28th January and now as even the percentage of stocks above support has come above 50% so investors may invest in Nifty and in cash stocks.
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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, Jindal Steel, Grasim, GE Ship, GT Offshore, Neyveli Lig, SAIL, Polaris, Balram Chini & ACC
Weak Futures
This is the list of 10 Weak Futures: DLF, Edu Comp, Aban, Wel Guj, Punj Lloyd, Divis Lab, GDL, Gitanjali, Tulip & Auro Pharma
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