Daily trend of the market is Up
Market is still trading in its sideways zone and we are waiting for the consolidation to be over before it can start 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, ABG Shipping, Renuka, Nagar Fert, Titan, Canara Bank, Chambal Fert, GE Ship, IDBI & Dena Bank.
Weak Futures
This is the list of 10 Weak Futures: BRFL, On Mobile, IVRCL Infra, Pir Health, Hind Petro, Alstom Project, STR Tech, Sail, NTPC & Orbit Corp.
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