Daily trend of the market is now up.
The market has crossed its next resistance of 4320, and is still going up. Though a small pause in the market is expected but as it is still in uptrend so the readers who are long in Nifty bought on 16th July may go on holding them till the trend does not turn to down.
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Percentage above support
Percentage of stocks above support is more than 50% so the long term investors who have created positions in deliveries may hold them till the percentage support remains more than 50%
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Strong Futures
This is list of 10 Strong Futures: Sesa Goa, HCL Tech, Hero Honda, GSPL, Grasim, ZEEL, ITC, Wipro, REC LTD, Edu Comp
Weak Futures
This is the list of 10 Weak Futures: Purva, Sintex, Bajaj Hind, Orchid Chem, Nagar Fert, Prajind, GTL Infra, Mosear Bear, Pantaloon & Essar Oil.
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