Daily trend of the market is down.
The trend of the world markets are also down. Though oil and base metals are trying to bottom out which gives some hope to oil and metal stocks.
But till the trend of Indian stock market remains in downtrend, it is recommended that 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, Mphasis, Maruti, Ashok Ley, Auro Pharma, Ultra Cemco, Matrix Labs, Shree Cem, M&M & Naukri
Weak Futures
This is the list of 10 Weak Futures: Aban, Syndicate Bank, Rolta, Gitanjali, Pantaloon, Indian Bank, Punj Lloyd, Ranbaxy, ICICI Bank & IOB.
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