Daily trend of the market is down
Market has broken its sideways zone and has again started going down. So as overall trend is still down, the readers may stay away from 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 it is recommended not to buy or hold deliveries till the percentage of stocks above support does not come above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Ranbaxy, Hero Honda, Bata India, Hind Uni Lvr, Ofss, Lupin, Glaxo, Federal Bank, Exide Ind & BPCL.
Weak Futures
This is the list of 10 Weak Futures: Patni, Renuka, SRE Infra, Jindal Saw, GT Offshore, LITL, IDFC, Bank Of India, Ibrealest & Rcom.
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