Daily trend of the market is down.
As the Market has fallen quite a lot now, so a small counter rally is expected . But market is still in downtrend, 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 below 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: Colpal, Edu Comp, Gail, Biocon, Dr. Reddy, ITC, Apil, Hind Petrol, Ashok Leyland & GT Off Shore
Weak Futures
This is the list of 10 Weak Futures: Essar oil, Ispat Ind, HDil, BRFL, Adlabs Film, Bhushan Steel, Suzlon, Orchid Chem, Aban & Chambal Fert
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