Daily trend of the market is up
Market is remaining sideways and we are waiting for it to come out of this sideways consolidation zone, but till the overall trend remains up, the readers who had created long positions in Nifty on 10th Jan, may go on holding them.
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Percentage above support
Percentage of stocks above support is still above 50%, so the readers who are holding 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, Triveni, Orbit Corp, WelCorp, HDIL, IVRCL, ABB, RCOM, KS Oils & Renuka .
Weak Futures
This is the list of 10 Weak Futures: Infosys, Bajaj Auto, TCS, Biocon, Hero Motors, Bajaj Holding, Gail, Gitanjali, TVS Motor & Lupin.
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