Daily trend of the market is up
Market has broken its sideways zone and is able to decisively close above its major resistance zone. So as now the trend is in uptrend, so the readers may create long positons in Nifty and hold them till the trend remains up.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who are holdibng long positions in cash market may hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: GMR Infra, GVKPIL, Orbit Corp, WelCorp, IVRCL, Rolta, JSW Steel, Sterlite, Polaris & RCOM .
Weak Futures
This is the list of 10 Weak Futures: Bajaj Auto, Adanient, TVS Motor, Hind Petrol, VIP Ind, Dish TV, Hero Motors, Bharti Artl, Sintex & Ruchi Soya.
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