Daily trend of the market is down
Today market remained sideways traded in a very small zone. Though a counterrally is expected but as the market is still in downtrend so it is advisable that the readers who have quit their long positions in nifty on 16th December may now stay out of the market and do not buy till nifty remains in downtrend
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Percentage above support
Percentage of stocks above support are still above 50%, but as market is volatile so it is better not to invest fresh in deliveries and remain away from the market till some more clarity comes in the market
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Strong Futures
This is list of 10 Strong Futures: Sail Ltd, Ranbaxy, Dr Reddy, Suzlon, Opto Circuits, Idea, Tata Motors, Gtl Ltd, Divi'S Lab & HCL Tech.
Weak Futures
This is the list of 10 Weak Futures: Great Offshore, Andhra Bank, Ashok Ley, FSL, IDFC, Unitech, JP Associates, Tata Comm, Lic house & Educomp
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