Daily trend of the market is down
Market is very volatile and in unable to break its major resistance zone. So 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: Welcorp, GVKPIL, GMR Infra, Tata Motors, Cairn, India Hotel, JSW Steel, Rolta, Patni & Ranbaxy.
Weak Futures
This is the list of 10 Weak Futures: Nagar Fert, Adanient, MC Dowell, EKC, India Info, VIP Ind, Sintex, Jet Airways, BGR Energy & Suzlon.
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