Daily trend of the market is down
Market is taking a strong counterrally but has major resistance at current levels. So till the market does come in uptrend on daily charts, 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, Triveni, Cummins Ind, Indusind Bank, Siemens, Lupin, SunTV,BOB, Bhushan Steel & Asian Paint.
Weak Futures
This is the list of 10 Weak Futures: IOB, Orchid Chem, EKC, Ranbaxy, Prajind, GMR Infra, LITL, Renuka, ICSA & India Info.
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