Daily trend of the market is down
Market has remained sideways the whole day and as it major support at current levels so some counter rally is expected. But 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: Hind Uni Lvr, Asian Paints, Exide Ind, Titan, Lupin, OFSS, Bata India, Ranbaxy, Mundra Port & Cummins.
Weak Futures
This is the list of 10 Weak Futures: Patni, Rel Media, Punjlloyd, GT Offshore, RCOM, NCC, Hind Const, Jindal Saw, SBI & Patel Eng.
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