Daily trend of the market is down
As expected market is taking a good counterrally but still over all trend of the market is down. 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: Bajaj Auto, Jubilant Food, Chambal Fert, Bata India, TVS Motor, Ruchi Soya, Hero Motors, Idea, Asian Paints & M&M .
Weak Futures
This is the list of 10 Weak Futures: Educomp, IVRCL Infra, Jet Airways, KS Oils, Triveni, OnMobile, Nagar Fert, GT Offshore, Moser Baer & Suzlon.
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