Daily trend of the market is Up
Market has remained sideways the whole day but as the trend is still in up so the readers who have created long positions in Nifty (bought on 30th December) my go on holding the longs till the trend remains in uptrend
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Percentage above support
Percentage of stocks above support are still above 50%, so the readers ho have created long positions in deliveries may go on holding them till percentage of stocks above support remains more then 50%.
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Strong Futures
This is list of 10 Strong Futures: Sintex, Sail Ltd, Hotel Leela, Tata Motors, Hindalco, India Hotels, Suzlon, Sesa Goa, Ispat Industries & Century Text.
Weak Futures
This is the list of 10 Weak Futures: Andhra Bank, Pir Health, JP Associates, Ashok Ley, Orient Bank, IDFC, Tata Comm, GT Offshore, Orchid Chem & FSL.
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