Daily trend of the market is down
Market is taking a strong counterrally and has resistance at current levels. But till the trend is down, the readers may stay out of the market and do not create any long positions in the market.
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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: Dish TV, Bhushan Steel, Hero Honda, Hind Petro, Century Text, Indian Info, Sun TV, Nagar Fert, Hind Uni Lvr & Petronet.
Weak Futures
This is the list of 10 Weak Futures: GTL Ltd, GTL Infra, India Cement, GVKPIL, Tata Comm, Jindal Saw, PFC, Aban, GSPL & Triveni.
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