Daily trend of the market is down
The market is oversold and a small counerrally is expected but as the trend of the market is down, so the readers may stay away from the market and no not create long positions till the trend remains in downtrend.
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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: Bank of Baroda, Rolta, Allahabad Bank, Siemens, Sun TV, Triveni, Orient Bank, Pantaloon Retail, GTL Infra & Uco Bank.
Weak Futures
This is the list of 10 Weak Futures: IOB, Ivrcl Infra, Orchid Chem, Praj Industry, LITL, Sesa Goa, Polaris, Sterlite India, GT Offshore & LT..
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