Daily trend of the market is Up
Market is very volatile and has major support at current levels. If this support breaks then market can come in downtrend. But till the trend of the market remains up, the readers who had created long positions in nifty on 27th June when nifty closed above 5500
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers are holding long positions in cash market may hold them till the percentage above support remains above 50%
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Strong Futures
This is list of 10 Strong Futures: Petronet, Praj Ind, Dish TV, Idea, CESC, Indian Bank, GSPL, Adanient, Oriental Bank & Hexaware.
Weak Futures
This is the list of 10 Weak Futures: LITL, GTL Infra, Orchid Chem, KS Oils, NCC, Exide Ind, Educomp, Rolta, GVKPIL & HDIL.
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