Daily trend of the market is down
The market is trading at its reisistance and it may remain sideways and consolidate at surrent levels . And 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, Chennai Petro, Lupin, Hero Honda Bhushan Steel, Bajaj Auto, Jindal Saw, India Cement, Chambal Fert & BRFL.
Weak Futures
This is the list of 10 Weak Futures: Baja Hind, Renuka, ICSA, DLF, Ranbaxy, Bharti Airtel, Recltd, Tata Comm, GMR Infra & National Alum.
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