u>Daily trend of the market is down.
The market has broken its next support of 4050 and has again started slipping down.So as 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, Dabur, Edu Comp, ITC, Dr. Reddy, Gail, Maruti, Patni, Cipla & GT Off Shoree
Weak Futures
This is the list of 10 Weak Futures: Adlabs Film, Aban, Bajaj Hind, Essar Oil, HDIL, Nagar Fert, Chambal Fert, Orchid Chem, Suzlon & Praj Ind.
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