Daily trend of the market is up
Market is trading at its major support from where if support is taken then the market can go up but if support is broken then market may come in downtrend. So the next coming days are very critical for the trend of the market. But as 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: Biocon, Orchid Chem, Federal Bank, Vijaya Bank, Bhushan Steel, ABG Ship, Ibrealest, Chambal Fert, Dr.Reddy & MLL.
Weak Futures
This is the list of 10 Weak Futures: GVKPIL, Praj Ind, BGR Energy, Bharti Airtel, TV-18, Finan Tech, GMR Infra, BPCL, Lic house & Balrampur Chini.
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