Daily trend of the market is down
Market is falling down but has support at current levels. And as overall 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 has quit the ire 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: Dish TV, S kumars, UCO Bank, Orchid Chem, Educomp, Lupin, Bajaj Auto, Hero Honda, GE Ship & Canara Bank.
Weak Futures
This is the list of 10 Weak Futures: OnMobile, Unitech, Orbit Corp, Jindal SWHL, FSL, Rcom, HDIL, Ispat Ind, Videocom Ind & MTNL.
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