Daily trend of the market is up
The volatility is still continuing.
Even though out market is in uptrend but it is better to remain cautious and till world wide markets are in downtrend, 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, BRFL, TV-18, Dish TV, Asian Paint, Uniphos, UCO Bank, Vijaya Bank & Nagarjuna Const.
Weak Futures
This is the list of 10 Weak Futures: Aban Off shore, Grasim, KS Oils, Punj Lloyd, Suzlon, MLL, MTNL, Hindalco, Tata Steel & Triveni.
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