Daily trend of the market is Up
The Market very much range bound and has major support at current levels, which if broken then the trend will turn to downtrend. But till the trend remains up the readers who are holding longs in Nifty, may go on holding them.
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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: DCB, Bhushan Steel, BGR Energy, STR Tech, Federal Bank, Ibrealest, Suzlon, Zeel, Vijaya Bank & Nagar Fert.
Weak Futures
This is the list of 10 Weak Futures: Infosys, McDowell, Nat Alum, Pir Health, DLF, Ashok Ley, Jain Irrigation, Recltd, Escorts & India Info.
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