Daily trend of the market is up.
The market is moving in a sideways consolidation zone. Market requires to correct more before it is able to move up again.
But 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: Essar Oil, Purva, Yes Bank, Uni Tech, HDIL, Peninland, LITL, Gitanjali, S Kumar Syn & Wel Guj
Weak Futures
This is the list of 10 Weak Futures: Sterling Bio, Divi's Lab, Titan, Cairn, TCS, J & K Bank, National Alum, NTPC, Colpal & Infosys Tech
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