Daily trend of the market is up
Market may consolidate at current levels but overall trend of the market is up and also majority of the world markets are in uptrend. So till the trend remains up the readers who had bought Nifty on 7th September may go on holding the longs.
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Percentage above support
Percentage of stocks above support is above 50%, so the readers who have created longs positions in cash market, may hold them till the percentage of stocks above support remain above 50% ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Godrej Ind, Apollo Tyre, Ispat Ind, BEML, Ruchi Soya, KFA, Ultra Cem, ACC, IDBI & Tata Steel.
Weak Futures
This is the list of 10 Weak Futures: Sesa Goa, Hero Honda, Rel Infra, Chennai Petro, Cairn India, RNRL, Punj Lloyd, RCOM, National Alum & Cipla.
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