Daily trend of the market is down.
As the market has fallen so much now, so a small counter rally is expected but 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 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: Tulip, Colpal, Dabur, Cipla, ITC, Gail, Patni, Grasim, GT Off Shore & Edu Comp
Weak Futures
This is the list of 10 Weak Futures: JP Hydro, Essar Oil, Orchid Chem, Ispat Ind, Suzlon, Praj Ind, Aban, Nagar Fert, Adlabs Film & Bajaj Hind.
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