Daily trend of the market is down
Market has touched a major support and now a counter rally is expected. But till 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: GVKPIL, Welcorp, Tata Comm, Divis Lab, Tata Global, Infy, Nat Alum, Patni, BRFL & Jindal Saw.
Weak Futures
This is the list of 10 Weak Futures: EKC, VIP Ind, Central Bank, DCHL, BGR Energy, Syndicate Bank, Oriental Bank, GT Offshore, India Info & KS Oils.
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