Daily trend of the market is up.
The markets are very volatile and it seems that the technical levels level for Nifty may get broken. But as the daily 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 lesser than 50% so the long term investors who have created positions in deliveries on 16th July may quit them and do not invest in deliveries till the percentage support remains below 50%
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Strong Futures
This is list of 10 Strong Futures: Patni, Mphasis, Bharat Forge, GT OFFshore, Aurobindo Pharma, TCS, Shree Renuka, Wipro, Polaris Software, & DCB
Weak Futures
This is the list of 10 Weak Futures: Suzlon, Chambal Fert, Divi Lab, Nagarjun Fert, Educomp, IDBI Ltd, R Com, Colpal, Pantaloon Retail & Hero Honda.
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