Daily trend of the market is down.
The market taking an upward rally but as the trend is still down 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 __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: IVRCL Infra, Indus Ind Bank, Central Bank, M Phasis, Patni, Edu Comp, JP Hydro, Aurobindo Pharma, IDBI & LIC Housing Finance..
Weak Futures
This is the list of 10 Weak Futures: Amtek Auto, CESC, GMR Infra, Nation Aluminium, Sterlin Bio, Bharat Forge, Jet Airways, Orchid Chem, Sun Pharma & TCS..
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