Daily trend of the market is up
Even though the trend of Indian Stock market is still up but as worldwide markets are coming in downtrend, so expect our market to also follow them. 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 above 50%, so the readers who have created long positions in cash market may hold the longs till the percentage of shares above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: Colpal, RCOM, Vijaya Bank, UCO Bank, Federal Bank, Dabur, Asian Paint, Dish TV, Renuka & Hind Uni Lvr.
Weak Futures
This is the list of 10 Weak Futures: Grasim, Aban Off shore, Hindalco, Tata Steel, Bhushan Steel, Punj Lloyd, KS Oils, Suzlon, Triveni & MLL.
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