Daily trend of the market is down
Market has remained sideways the whole day and it seems that is may consolidate at current levels before moving either way. But as over all trend of the market is down since 28th July, the readers may stay away from the market and do not create long positions till the trend remains down.
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Percentage above support
Percentage of stocks above support is still below 50%, so it is advisable not to create long positions will the percentage above support remains below 50%
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Strong Futures
This is list of 10 Strong Futures: Chambal Fert, Bata India, Idea, TVS Motor, Hexaware, Maruti, M&M, Petronet, Oil & BPCL .
Weak Futures
This is the list of 10 Weak Futures: KS Oils, Sterling Bio, OnMobile, Escorts, Crompton Greave, IVRCL Infra, FSL, Jindal SWHL, HDIL & Educomp.
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