Daily trend of the market is Up
As expected market is taking a correction but has very good support at current levels from where market is expected to move up. So till the trend remains up the readers who had created long positions on 5th Dec, may hold them till the trend remains in uptrend
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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: Wipro, Patni, Havells, JP Power, Raymond, MRF, Zeel, Pir Health, TVS & Tata Chem.
Weak Futures
This is the list of 10 Weak Futures: Renuka, VIP Ind, EKC, Ibrealest, Welcorp, HDIL, Suzlon, Bajaj Hind, Delta Crop & Moser Baer.
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