Daily trend of the market is up
We are witnessing too much of volatility in our market.
Even though our market is in uptrend but as world wide markets are in downtrend so it is better to stay away from the market and re-enter when some more clarity comes in the market.
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Percentage above support
Percentage of stocks above support is now below 50%, so it is advisable not to hold long positions in cash market till percentage above support does not come above 50%.
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Strong Futures
This is list of 10 Strong Futures: RCOM, Dr Reddy, Asian Paint, UCO Bank, Colpal, Vijaya Bank, Federal Bank, ONGC , TV-18 & Renuka.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, KS Oils, Hindalco, MLL, Punj Lloyd, Triveni, Suzlon, Tata Steel & Bhushan Steel.
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