Daily trend of the market is down
Market is moving up and has major resistance at current levels which if broken then the trend of the market will turn to up. But till 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: Core Protect, Hexaware, Wipro, Mphasis, Asian Paints, Hero Honda, Renuka, Polaris, TCS & Tisco
Weak Futures
This is the list of 10 Weak Futures: Welcorp, LIC Housing, Ibrealest, Sintex Ind, Orbit Corp, SCI, India Info, Uco bank, HDIL & Escorts.
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