Daily trend of the market is down
The market is volatile and has again started its downward movement and also the clearing is approaching so expect more volatility. As 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: Bata India, Petronet, Ruchi Soya, Chambal Fert, Jubilant Food, Bajaj Auto, IGL, Hero Motors, Mundra Port & VIP Ind .
Weak Futures
This is the list of 10 Weak Futures: Educomp, IVRCL Infra, Jet Airways, Triveni, KS Oils, GT Offshore, Moser Baer, Dhan Bank, OnMobile & MLL.
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