Daily trend of the market is down
Market has become oversold at current levels and a small bounce back is expected, 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, Asian Paint, Cummins Ind, Lupin, SunTV, Dabur, Triveni, BOB, Mphasis & GTL.
Weak Futures
This is the list of 10 Weak Futures: ICSA, Orchid Chem, GMR Infra, LITL, Bajaj HInd, Renuka, IOB, Ranbaxy, EKC & JP Associates.
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