Daily trend of the market is up.
It seems that the market has touched its important resistance of 5100, where the market may come down for some correction. But 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: Orchid Chem, IOB, Jindal Saw, Ranbaxy, Educomp, Ansal Prop, Bhushan Steel, Uco Bank, ICICI Bank & Bharat Forg
Weak Futures
This is the list of 10 Weak Futures: Tulip, Idea, Finance Tech, GVK Power, Suzlon, Tata Tea, Voltas Ltd, MTNL, Dish TV & BEML
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