Daily trend of the market is up.
Market had been very volatile, but has good support near 4450.It is expected that market may remain volatile as clearing is approaching but overall trend is still up, 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: DCHL, Bharat Forg, Tata Motors, Jintal Saw, Maruti, GSPL, Jindal Steel, Renuka, Polaris & Rolta
Weak Futures
This is the list of 10 Weak Futures: India Cemt, Ivrcl Infrast, Bank of India, ABB, Union Bank, EKC, BRFL, RPL, IDFC & Sun Pharma
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