Daily trend of the market is down
The Market is still moving down and is unable to take support. After so much fall some sideways consolidation is expected. But as overall trend is still down, so 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: DCB, Sintex Ind, Glaxo, ABB, BPCL, Hind Petro, Exide Ind, Alok Ind, IOC & ONGC.
Weak Futures
This is the list of 10 Weak Futures: Bank Of India, IRB, LITL, SRE Infra, HDIL, GVKPIL, IVRCL Infra, Oriental Bank, UCO Bank & Union Bank.
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