Daily trend of the market is up
Market has become overbought now and some correction is needed, but as the trend is still up, so the readers who had created long positions in Nifty on 15th June may go on holding the longs till the trend remains up.
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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: RCOM, RNRL, MTNL, LITL, LT, Asian Paint, Renuka, BRFL, Uniphos & Dish TV.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Educomp, Tata Steel, BPCL, Petronet, Pir Health, DCHL, JSW Steel, KS Oils & Tulip.
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