Daily trend of the market is down
Market has taken good support and has started going up again. So as the trend of the market is up, the readers who had created long positions in nifty on 27th June when nifty closed above 5500 may go on holding till the trend remains up ___________________________________________________________
Percentage above support
Percentage of stocks above support is above 50%, so the readers may create long positions in cash market and hold them till the percentage above support remains above 50%.
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Strong Futures
This is list of 10 Strong Futures: CESC, TTML, Renuka, MRF, DCB, Bata India, GSPL, Bharat Forg, Pantaloon & Godrej Ind.
Weak Futures
This is the list of 10 Weak Futures: LITL, S Kumars, OnMobile, Sun TV, Ambuja Cement, Orchid Chem, KS Oils, Escorts, Zeel & Sail.
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