Daily trend of the market is down.
The market is taking a good rally but it has to be seen whether the daily trend of Nifty is able to come in uptrend or not . So is advisable that the readers do not create any long positions till nifty does not come in uptrend
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Percentage above support
Percentage of stocks above support is barely 50% ,so it is advisable that the readers may quit the held deliveries at any counter rally and then do not invest fresh in deliveries
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Strong Futures
This is list of 10 Strong Futures: Purva, Bhushan Steel, Aurobindo Pharma, FSL, Jindal Saw, Patni, HCL Tech, Polaris Software, Ranbaxy Labs & Yes Ban
Weak Futures
This is the list of 10 Weak Futures: Chambal Fert, India Cements, Bank Of India, Dabur India, Sesa Goa Ltd, RCom, ACC Ltd, Rel. Capital, Suzlon & Essar Oil.
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