Daily trend of the market is down
The resistance of the market is very strong and a decisive level. And as the clearing is approaching so expect market to remain further volatile. Till the overall trend of the market remains down the readers may stay out of the market and do not create any long positions.
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Percentage above support
Percentage of stocks above support is below 50%, so the readers may not create long positions in cash market and wait for the percentage of stocks above support to become more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: IFCI, Welcorp, Dabur, BRFL, Tata Comm, Divis Lab, Ambuja Cement, Hind Uni Lvr, Grasim & Sun TV.
Weak Futures
This is the list of 10 Weak Futures: EKC, Sintex, BGR Energy, Syndicate Bank, Jet Airways, Oriental Bank, Fortis, Central Bank, VIP Ind & Essar Oil.
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