Watch our Analyst (Neera Jain) discuss Nifty and stocks at CNBC Awaaz on 23rd September between 10 am till 11 am on programme “Sauda Aapka”
Daily trend of the market is down
Market is very volatile, and has broken its immediate support. It hs now come in downtrend. So the readers who were holding longs in nifty may now quit the longs and stay away from the market till the trend remains down.
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Percentage above support
Percentage of stocks above support is below 50%, so the readers who had created long positons in cash stocks may quit them and do not create fresh long positions till percentage above support remains below 50%.
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Strong Futures
This is list of 10 Strong Futures: Arvind, Bombay Dyeing, Gitanjali, VIP Ind, NCC, Finan Tech, Havells, Tulip, Titan & Ruchi Soya .
Weak Futures
This is the list of 10 Weak Futures: Pantaloon, SRE Infra, IVRCL Infra, MC Dowell, Opto Circuit, Moser Baer, Fortis, Mphasis, IFCI & LT.
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