Daily trend of the market is up
Market is trading at its major support, which if broken, then market can come in downtrend . And also majority of the markets worldwide are in downtrend. But till the trend of onr market remains up, 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, Pantaloon Retail, Orchid Chem, Aban Off shore, BPCL, Bosch ltd, Polaris, Nagarjuna Const, IOB & Bharat Forg.
Weak Futures
This is the list of 10 Weak Futures: RNRL, Sterling Biotech, HCL Tech, Sesa Goa, India Info, Sail Ltd, Hindalco, Grasim, PTC & Hind Zinc.
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