Daily trend of the market is up
Market is taking correction but is still in uptrend ,so the readers who have created long positions in Nifty when it closed at 5532 may go on holding the longs till the trend remains up.
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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 marketand do not create long positions in cash market till the percentage of stocks above support does not come more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Triveni, Nat Alum, Cairn, ITC, Apollo Tyre, Indus Ind Bk, Zeel, Bajaj Auto, HDIL & ABB.
Weak Futures
This is the list of 10 Weak Futures: Patel Eng, Mphasis, Punjlloyd, Aurobindo Ph, Skumars, BGR Energy, LITL, GT Offshore, Bajaj Hind & Rcom.
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