Daily trend of the market is down.
Market is expected to remain sideways and as it 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: Patel Eng, Colpal, Edu Comp, Gail, GT Off Shore, IVRCL Infra, Dabur, ITC, Dr. Reddy & Tulip
Weak Futures
This is the list of 10 Weak Futures: Orchid Chem, Adlabs Film, BRFL, H Dil, Essar Oil, Aban, Bharat Forge, Tata Motors, Bhushan Steel & RCOM
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