Daily trend of the market is down
Market is still going down. Though there are supports at current levels but as over all trend of the market is down, so the readers may stay out of the market and do not create nay longs positions will it remains in downtrend.
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Percentage above support
Percentage of stocks above support is still below 50%, so the readers who had quit the their longs positions in cash market may stay out of the market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Lupin, Dish TV, Educomp, Idea, Dr Reddy, Hero Honda, Uco Bank, GE Ship, Tata Tea & Canara Bank.
Weak Futures
This is the list of 10 Weak Futures: Triveni, IVRCL Infra, Rcom, Rel Capital, FSL, Ispat Ind, MTNL, Nagar Const, DLF, & SCI.
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