Daily trend of the market is down
Market has broken its important support level and has come in downtrend. So the readers may quit their longs in nifty and stay away from the market ill the trend remains down.
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Percentage above support
Percentage of stocks above support is now below 50%, so the readers may now quit their long positions in cash market anddo not create fresh positions will the percentage above support remains below 50%
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Strong Futures
This is list of 10 Strong Futures: Petronet, Idea, Pantaloon, Praj Ind, SRE Infra, Bharti Artl, Tata Global, CESC, MTNL & Tech M.
Weak Futures
This is the list of 10 Weak Futures: LITL, GTL Infra, Ibrealest, Educomp, KS Oils, BGR Energy, JP Associate, Orbit Corp, Rel Media & Orchid Chem.
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