Watch our Analyst (Neera Jain) discuss Nifty and other stocks at NDTV Profit 5th January between 4 pm till 4.30 pm on programme “Buy/Sell”
Daily trend of the market is down
Market is taking a counter rally and now is trading at its major resistance zone which if broken then market can come in uptrend .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: GMR Infra, Welcorp, Tata Motors, GVKPIL, Rolta, JSW Steel, OnMobile, Bhushan steel, Coal India & GTL Infra.
Weak Futures
This is the list of 10 Weak Futures: Nagar Fert, EKC, Adanient, Jet Airways, Sintex, VIP Ind, Bajaj Auto, GT Offshore, India Info & Pantaloon..
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