Daily trend of the market is up.
The market has started taking a correction and it seems that it may go down till its support of 4950- 5000. But as the daily trend is still up, so the readers who are holding their longs in Nifty (bought on 25th August) may go on holding the long positions till the trend remains in uptrend.
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Percentage above support
Percentage of stocks above support is above 50% , so the readers who have invested in deliveries may go on holding them till the percentage of stocks above support remains more than 50%. __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: Polaris, Yes Bank, Canara Bank, Andhra Bank, Indusind Bank, Bajaj Hind, HDIL, Dena Bank, Jindal Steel & Jindal Saw.
Weak Futures
This is the list of 10 Weak Futures: RCom, Idea, Bharti Airtel, Grasim, TV-18, MTNL, Ambuja Cement, DishTV, Hind Petro & India Cement
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