Daily trend of the market is up.
Even though it is still overbought but the market has taken a good support at 4050-4100 levels and has restarted the rally, 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: Parsvnath, Alok Text, Ansal infra, Redington, Gitanjali, NIIT, JP Hydro, Patel Eng, Finan Tech & HCC
Weak Futures
This is the list of 10 Weak Futures: Cipla, ITC, Bharti Airtel, Colpal, Hind Uni Lvr, Sterlin Bio,Glaxo, NTPC, Tata Tea & TCS
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