Daily trend of the market is up
The market has taken a good support and has started going up. Till market goes on holding its major support the trend will remain up, so the readers who had created long positions in Nifty on 15th June may go on holding the longs.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who have created positions in cash market may hold them till the percentage of shares above support remains above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Hind Petro, BPCL, GTL Infra, Aban Off shore, BRFL, RCOM, Dish TV, ONGC, TV-18 & RNRL.
Weak Futures
This is the list of 10 Weak Futures: Patni, Sterling Biotech, Grasim, Pir Health, Jindal Steel, Sesa Goa, Mphasis, India Cement, Sail & Andhra Bank.
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