Daily trend of the market is down.
Market is taking a counterally. But overall trend of the market is still down.So it is advisable not to create long positions in Nifty and stay away from the market
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Percentage above support
Percentage of stocks above support is below 50%, so is it advisable not to create any fresh long positions in deliveries __________________________________________________________________
Strong Futures
This is list of 10 Strong Futures: PTC, Ashok Ley, Patni, Dr Reddy, McDowell-N, Lupin, BEL, Asian Paint, Yes Bank & Crompton Greaves
Weak Futures
This is the list of 10 Weak Futures: RCom, Suzlon, Purva, EKC, GMR Infra, Tata Comm, MLL, ICSA, Punj Lloyd & Aban Off shore.
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