Daily trend of the market is down
Market has major support at current levels from where a bounce back is expected. But as overall trend is down, so the readers may stay out of the market and do not create any long positions till the trend remains down.
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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: Jindal Saw, Hexaware, Glaxo, Ispat Ind, Hind Zinc, HCL Tech, Indian Hotel, Bata India, Tata Power & Infosys.
Weak Futures
This is the list of 10 Weak Futures: Syndicate Bank, JSW Steel, Indian Bank, Yes Bank, TVS Motor, Bajaj Auto, LIC Housing, Orbit Corp, Indus Ind Bk & HDIL.
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