Daily trend of the market is Up
After a positive opening, market became very volatile. Its first support is nearby and it has be seen whether market is able to take support and move up or not. Market as such is moving in a small zone and break of this zone either side will give fresh direction. Till the trend of our market remains up we will have to hold the longs.
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Percentage above support
Percentage of stocks above support is below 50%, so it is advisable that the readers do not create fresh long positions in cash market till percentage above support remains below 50%.
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Strong Futures
This is list of 10 Strong Futures: Arvind, Hero Motors, VIP Ind, Delta Corp, Max India, GSPL, Ambuja Cement, Ruchi Soya, NCC & Hind Uni Lvr. .
Weak Futures
This is the list of 10 Weak Futures: Nagar Fert, Jet Airways, Moser Baer, GT Offshore, Educomp, RPower, Triveni, OnMobile, SBI & HDIL.
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