Daily trend of the market is down
Market has fallen down till its major support from where it is expected to give some counterrally. But as overall trend is down, 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: BRFL, TV 18, HCL Tech, Ruchi Soya, TCS, Orchid chem, Ispat Ind, Jindal saw, Bank Of India & Alok Ind.
Weak Futures
This is the list of 10 Weak Futures: IVRCL Infra, LITL, Jindal SWHL, Patel Eng, Exide Ind, Bajaj Hind, Rel Media, TVS Motor, Apollo Tyre & Century Text.
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