Daily trend of the market is up.
The markets have now become heavily overbought, and may come down for a correction. But as the trend of the market is still up, so 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%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Patel Eng, India Info, HDIL, HTMT Global, Aban, HCC, IVR Prime, Bom Dyein, Century Tex & IFCI
Weak Futures
This is the list of 10 Weak Futures: Colpal, ITC, Sterlin Bio, Glaxo, Hind Uni Lvr, Cipla, Infosys Tech, SunPharma, Tata Tea & GTL
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