Daily trend of the market is up
Market has now become overbought and some correction is expected, but as the trend of market is still up, so the readers who have created long positions in Nifty may hold them till the trend remains in uptrend.
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Percentage above support
Percentage of stocks above support is above 50%, so the readers who have created long positions in cash stocks may hold them till percentage of stocks above upport remains more than 50%.
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Strong Futures
This is list of 10 Strong Futures: Sesa Goa, Orient Bank , Purva, JSW Steel, Mcdowell-N, Sun TV, DCHL, Hero Honda, Canara Bank & Sterling Biotech
Weak Futures
This is the list of 10 Weak Futures Bajaj Hind, Chambal Fert, BPCL, Mphasis, ICSA, Tata Comm, Hind Petro, Tulip, Renuka & Pantaloon Retai.
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