Daily trend of the market is up
Market is taking the much needed correction. We will wait for the correction to be over before restating its upward momentum. But as overall trend is still strongly up so the readers who had bought Nifty on 7th September may go on holding the longs till the trend remains in uptrend.
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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: Punj Lloyd, Bhushan Steel, Ispat Ind, Tech Mahindra, Ranbaxy, HDFC Ltd, IDBI, Ambuja Cement, Moser Bear & Maruti..
Weak Futures
This is the list of 10 Weak Futures: Hind Const, Mcleodruss, BGR Energy, Divi'S Lab, HDIL, Ibrealest, Sintex, Orbit Corp, LITL & Polaris.
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