Daily trend of the market is down
Market has been very volatile and has again started falling down. So as he 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, Ispat Ind, Hexaware, Grasim, Hind Zinc, Praj Ind, Bata India, Sesa Goa, Sun Pharma & Cairn..
Weak Futures
This is the list of 10 Weak Futures: LIC Housing, Syndicate Bank, Orbit Corp, Oriental Bank, IOC, HDIL, Dena Bank, Indian Bank, Patel Eng & Andhara Bank.
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