Daily trend of the market is up.
Market is overbought on short term but is still not ready to give any correction. At current levels remain very cautious and do not create any further long positions
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: Purva, Tvs Motor, LITL, HDIL, Essar Oil, Brigade, Penin Land, LIC Housing, JSW Steel & Bajaj Hind
Weak Futures
This is the list of 10 Weak Futures: Sterling Bio, Titan, National Alumi, SRF, Divi's Lab, Alok Indust, Ranbaxy, Hind Petro, Cairn & Hind Unilvr
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