Daily trend of the market is down
Today market tried to give a bounce but could not and has restarted falling down. So as over all trend of the market is down since 18th 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, Idea, Petronet, BPCL, Oil, IOC, ABG Ship, Tata Global, Hind Petro & Hexaware.
Weak Futures
This is the list of 10 Weak Futures: KS Oils, OnMobile, IVRCL Infra, Orchid Chem, HDIL, Educomp, Crompton Greave, Moser Baer, Ibrealest & FSL.
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