Daily trend of the market is down.
The Indian stock market is trying to outperform, but till US Markets do not give a positive breakout, it is doubtful for our market to come in uptrend
News of RPL and Reliance merger on Monday might add to the volatility to the market.
As the trend of market is still down, 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, Bharat Forg, APIL, Maruti, Matrix Labs, Ultra Cemco, Mphasis, Ashok Ley, Power Grid & Colpal
Weak Futures
This is the list of 10 Weak Futures: Aban, Ranbaxy, Gitanjali, Mah Life, Pantaloon, Indian Bank, GDL, J&K Bank, Syndicate Bank & Andhra Bank.
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