Daily trend of the market is down.
The market has touched a good support today but trend is still downt so is it recommended that no long positions in Nifty be created till the market does not come in uptrend
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Percentage above support
Percentage of stocks above support is barely 50% so it is recommended that the long term investors do not create any fresh positions in deliveries and stay away till the percentage above support down not come above 50%..
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Strong Futures
This is list of 10 Strong Futures: Indus Ind Bank, GDL, Tech M, M Phasis, Central Bank, Gt Off Shore, IDBI, LIC Housing Finance, Yes Bank & Corporation Bank.
Weak Futures
This is the list of 10 Weak Futures: Sterlin Bio, Ge Ship, DLF, H Dil, Jet Airways, Orchid Chem, TCS, Bhushan Steel, CESC & Aptech T.
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