Daily trend of the market is down
Market has broken its support and has come in downtrend. So the readers who had been holding longs in Nifty may quit them and stay away from the market till the trend remains down.
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Percentage above support
Percentage of stocks above support is below 50%, so the readers had been holding longs in cash market may quit them and do not create fresh long positions till the percentage of stocks above support remains below 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Punjlloyd, Titan, Karnataka Bank, Bata India, Max India, Alok Ind, Dish TV, Raymond, IRB & Divis Lab.
Weak Futures
This is the list of 10 Weak Futures: Sun TV, KS Oils, Bhushan Steel, Tata Motors, DCHL, Escorts, LITL, STR Tech, Jain Irrigation & BEML.
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