Daily trend of the market is down
Market is very volatile and now again some bounce is being witnessed. Majority of the world markets are in uptrend but Indian market is under performing. So will the trend remains down the readers may stay out of the market and wait for it to come in uptrend before creating long positions.
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Percentage above support
Percentage of stocks above support is still below 50%, so the readers may still 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: HCL Tech, Ispat Ind, Polaris, Wipro, NTPC, Petronet, ACC, Tata Tea, Mphasis & Hindalco
Weak Futures
This is the list of 10 Weak Futures: HCC, India Info, DCHL, KS Oils, UCO Bank, Uniphos, TV 18, DCB, Rcom & EKC.
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