Daily trend of the market is down
Market is still in a downtrend mode, though some volatility is expected due to clearing. And 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: Welcorp, Hexaware, Tech Mahintra, Reliance, Finan Tech, Polaris, Nat Alum, Rel Infra, LIC Housing & HDIL.
Weak Futures
This is the list of 10 Weak Futures: Punjlloyd, DCHL, Unitech, KFA, Patel Eng, LITL, Moser Baer, GT Off Shore, IVRCL Infra & PTC.
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