Daily trend of the market is up
Market is trading at its major support from where if support is taken the market can go shrpely up but if supports are broken then we my see some downfall in the market. So the next coming days are very critical for the trend of the market. But are the trend is still 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: Orchid Chem, Chambal Fert, Vijaya Bank, ABG Ship, Rel Media, Nagarjuna Fertil, Bhushan Steel, MLL, Federal Bank & Canara Bank.
Weak Futures
This is the list of 10 Weak Futures: BPCL, GVKPIL, IVRCL Infra, Finan Tech, Praj Ind, TV-18, Hind Petro, Nagar Cont, BGR Energy & Pantaloon Retail.
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