Daily trend of the market is down
Market tried to take support but could not, and restarted going down again. So 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, Jubilant Food, IGL, Asian Paints, M&M, Idea, Hero Motor, Ambuja Cement & Max India .
Weak Futures
This is the list of 10 Weak Futures: IVRCL Infra, Escorts, Moser Baer, HDIL, OnMobile, NCC, MLL, Ibrealest, KFA & Polaris.
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