Daily trend of the market is Up
Market is going down and is now trading near its first support. But till trend of the market remains up, the readers who are holding longs in Nifty may go on holding them till the trend remains up.
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Percentage above support
Percentage of stocks above support is now below 50%, so the readers who are long in cash market may quit their longs ans do not create fresh positions till percentage above support remains below 50%.
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Strong Futures
This is list of 10 Strong Futures: Patni, Tata Motors, Arvind, JP Power, Infy, Balrampur Ch, DLF, Sobha, Cairn & IDFC .
Weak Futures
This is the list of 10 Weak Futures: Pantaloon, Dhan Bank, Jain Irrigation, Rolta, Rel Capital, GT Offshore, Chambal Fert, Voltas, Jindal SWHL & SCI.
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