Daily trend of the market is down
As the market had become oversold so we are witnessing a much needed counter rally. But over all trend of the market is still down since 28th July, so 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, Jubilant Food, Hero Motors, Bata India, Petronet, VIP Ind, Asian Paints, Ruchi Soya, IGL & Bajaj Auto .
Weak Futures
This is the list of 10 Weak Futures: IVRCL Infra, Educomp, Triveni, Jet Airways, OnMobile, GT Offshore, Moser Baer, Dhan Bank, Aurobindo Pharma & MLL.
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