Daily trend of the market is down
Due to clearing market was very volatile. Now we expect the market to settle down, but as overall trend is still down, so it is advisable that the readers may not create long positions in Nifty and stay away from the market till it does not come in uptrend.
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Percentage above support
Percentage of stocks above support is above 50%, but it is advisable not to create fresh longs position and wait for market to settle down and then only create long positions in cash market. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: ABG Ship, Dena Bank, IDBI, Vijaya Bank, Canara Bank, Federal Bank, TCS, Orchid Chem, Bank Of Baroda & PTC.
Weak Futures
This is the list of 10 Weak Futures: Finan Tech, BRFL, Educomp, IDEA, Pir Health, Sesa Goa, Apollo Tyre, IVRCL Infra, Aban & On Mobile.
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