Daily trend of the market is up.
Market has taken a good rally and now it is expected to consolidate sideways. The clearing is approaching so expect some more volatility.
And as the trend of market is up,so the readers who are long in Nifty since 20th March, may go on holding the longs till the trend of the market remains in uptrend ______________________________________________
Percentage above support
Percentage of stocks above support is above 50%. Long term investors who bought deliveries on 20th March may go on holding the deliveries till the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: BRFL, India Info, Nagar Const, Ster, Matrix Labs, Bata India, Hind Zinc, Kesoram Ind, GMR Infra & Hindalco.
Weak Futures
This is the list of 10 Weak Futures: Rolta, Alok Text, Moser Baer, Glaxo, Hinduja Ventures, IOC, Allahabad Bank, Crompton Greaves, Indian Bank & Network 18
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