Daily trend of the market is up
Market is going up steadily but now some correction is required in the market so that it comes near its support and then resume its upward momentum. And as the trend is still up so 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, DISH TV, Canara Bank, Renuka, Opto Circuits, Ultra Cem, ICICI Bank, SBI, Ispat Ind & Tisco.
Weak Futures
This is the list of 10 Weak Futures: GSPL, Hero Honda KS Oils, Sesa Goa, Cairn India, RCOM, IFCI, EKC, GT Offshore & Orchid Chem.
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