Daily trend of the market is down
Market is still in downtrend, so it is advisable that the readers may not create long positions in Nifty and stay away from the market till it does not come in upttrend.
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Percentage above support
Percentage of stocks above support is now below 50%, so it is advisable that the readers may quit their long positions in cash market and do not create any long positions till percentage above support remain below 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: BPCL, Hind Petrol, Bhushan Steel, Cummins India, UCO Bank, KFA, Petronet, PFC, Power Grid & Tata Comm.
Weak Futures
This is the list of 10 Weak Futures: Suzlon, HCC, EKC, Patni, Punj Llyod, Tech Mahindra, Nagar Cont, Patel Eng, Chennai Petro & Ivrcl Infra
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