Daily trend of the market is Up
Market is unable to come out of its sideways zone and seems as if it may consolidate here before going up again. And as the long term trend is still up, the readers who had created long positions in Nifty may go on holding it till the trend remains up..
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Percentage above support
Percentage of stocks above support is above 50%, and as market has also come in uptrend so the readers may create fresh longs position in cash market and hold them till the percentage above support remains above 50% . ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Alok Ind, Chambal Fert, ABG Shipping, Canara Bank, Nagar Fert, Renuka, Ambuja Cem, Dena Bank, Dish TV & KFA.
Weak Futures
This is the list of 10 Weak Futures: BRFL, STR Tech, Hind Petro, Pir Health, Mphasis, Apollo Tyre, IVRCL Infra, Finan Tech, NTPC & On Mobile.
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