Daily trend of the market is up.
As the market is still overbought so some more correction is expected, but 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: Penin Land, Parsvnath, Redington, Patel Eng, Gitanjali, IVR Prime, HTMT Global, Finan Tech, JP Hydro & Ispat Ind
Weak Futures
This is the list of 10 Weak Futures: Cipla, Bharti Airtel, ITC, Colpal, TCS, Sterlin Bio, Hind Uni Lvr, Cairn, Glaxo & Gail
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