Daily trend of the market is up
Market is moving is a good uptrend but it seems that it may again consolidate at current levels. But as the trend is still up, 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: Orchid Chem, Bhushan Steel, Jindal SWHL, UCO Bank, IDBI, Alstom, Ranbaxy, India Info, Punj Lloyd & DLF.
Weak Futures
This is the list of 10 Weak Futures: Finan Tech, Asian Paint, GT Offshore, Nagar Cont, Patni, Idea, BRFL, GMR Infra, Indian Hotel & IOC.
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