Daily trend of the market is up.
The market had become overbought on short term and is taking the much needed correction. It is expected that the market may consolidate at current levels
Buy as the trend of the market is still up, so it is recommended that the readers who are long in Nifty since 20th March, may go on holding their longs
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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: Gitanjali, Essar Oil, CMC, KPIT, Rolta, IVR Prime, Bajaj Hind, HCC, LITL & Rel Capital
Weak Futures
This is the list of 10 Weak Futures: Sterling Bio, Glaxo, Power Grid, Titan, Hind Petro, Infosys Tech, Hind Unilvr, Colpal, Cairn, & Divi's Lab
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