Daily trend of the market is up.
Market is taking resistance at 5000-5050 and it has to be seen whether market is above to cross this resistance or not, 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: DCHL, IOB, Aurobindo Pharma, Lupin, Jindal Saw, Orchid Chem, KFA, Canara bank, HDIL & Nagarjuna Const.
Weak Futures
This is the list of 10 Weak Futures: Bharti Airtel, Idea, Rcom, TV-18, MTNL, Grasim, Suzlon, HCL Tech, Tulip & Aditya Birla
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