The market is strongly going up without giving any correction
Even though the market has now become heavily overbought the readers who are long in Nifty since 20th March, may go on holding their longs till the trend remains in uptrend.
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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: JP Associat, TVS Motor, KPIT, Icici Bank, Wipro, Axis Bank, HDIL, Bajaj Hind, Ster & Hcl Tech
Weak Futures
This is the list of 10 Weak Futures: Sterling Bio, Bank Of India, MTNL, Power Grid, TTML, Alok Text, Wock Pharma, Rajesh Expo, Divi's Lab & Ranbaxy.
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