Daily trend of the market is down.
The market is taking a good rally but only when Nifty index is able to close decisively above 2800 then the short term trend of the market will come in uptrend. Till then one should remain cautious.
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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: BRFL, KPIT, Tulip, Tata Motors, Jet Airways, Matrix Labs, Biocon, Edu Comp, Ster & JP Associates.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Alok Text, Ranbaxy, Indian Bank, J&K Bank, IOC, Allahabad Bank, Network 18, Triveni & BPCL
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