Daily trend of the market is Up
The Market is in a good uptrend and now the clearing is also over. Market may show some sideways consolidation before resuing its upward movment. And the readers who are holding longs in Nifty, may go on holding till the trend remains up.
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Percentage above support
Percentage of stocks above support is now above 50%, so the readers may create long positions in cash market and hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: DLF, STR Tech, Hexaware, LIC Housing, HDIL, IRB, Ambuja Cement, Federal Bank, Sobha & Hind Oil.
Weak Futures
This is the list of 10 Weak Futures: Pir Health, Nat Alum, Mphasis, Renuka, Tech M, Educomp, Suzlon, Sterling Bio, KS Oils & Tulip.
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