Daily trend of the market is down
Market has now come in downtrend, so it a advisable that the readers who had been holding their longs bought on 15th June may now quit their longs and stay away from the market.
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Percentage above support
Percentage of stocks above support is barely above 50%, so it is advisable that the readers who had been holding long positions in cash market may hold them with strict stoplosses. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BPCL, Hind Petrol, Cummins India, UCO Bank, Bhushan Steel, Petronet, TV-18, Patni,Crompton Greaves & KFA.
Weak Futures
This is the list of 10 Weak Futures: Suzlon, EKC, HCC, Punj Llyod, Rel Infra, Tech Mahindra, Patel Eng, Sesa Goa, Nagar Cont & JP Associates
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