Daily trend of the market is down
Market has broken its major support level and now the trend of the market is down. So the readers may quit their long positions in Nifty 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 may quit thei long positions in cash market and do not create longs in deliveries till percentage above support remains below 50%.
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Strong Futures
This is list of 10 Strong Futures: Patni, Hind Uni Lvr, Havells, Hind Oil, Apollo Tyre, Cairn, Wipro, Hero Motors, Sun TV & PFC.
Weak Futures
This is the list of 10 Weak Futures: Renuka, VIP Ind, S Kumars, EKC, KS Oils, Bajaj Hind, Aurobindo Ph, Welcorp, Educomp & Triveni..
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