Daily trend of the market is down
The Market has broken its support and has come in downtrend, so the readers who had been holding longs in Nifty may now quit them and stay out of the market till the trend remains down.
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Percentage above support
Percentage of stocks above support is now below 50%, so it is recommended not to hold deliveries till the percentage of stocks above support does not come above 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Alok Ind, Sintex, Exide Ind, Chambal Fert, Hind Petro, Zeel, S Kumars, ABB, Glaxo & HCL Tech.
Weak Futures
This is the list of 10 Weak Futures: IRB, Bank Of India, UCO Bank, GVKPIL, Orbit Corp, ALBK, IDFC, Oriental Bank, HDIL & Union Bank.
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