Daily trend of the market is down
The much expected bounce is coming in the market but as the trend of the market is still down so it is advisable that the readers may stay away from the market and do not create long positions.
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Percentage above support
Percentage of stocks above support are below 50%, so it is advisable that the readers do not create fresh long positions in cash market till percentage of stocks above support remains less then 50%.
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Strong Futures
This is list of 10 Strong Futures: Titan, BRFL, Chambal Fert, Lupin, Jindal Saw, Orient Bank, Auropharma, India Cement, Mphasis & Dabur.
Weak Futures
This is the list of 10 Weak Futures: Baja Hind, ICSA, Renuka, DLF, Ranbaxy, National Alum, EKC, Punj Llyod, Tata Steel & Hindalco.
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