Daily trend of the market is up
Market is moving up and has now become heavily overbought. A correction is very much due in the market. But till the 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 bought on 9th Jan, may hold them till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: Jet Airways, IFCI, HDIL, Dena Bank, IVRCL Infra, Rel Capital, EKC, JSW Steel, RECLTD & Suzlon
Weak Futures
This is the list of 10 Weak Futures: Adani Power, IGL, Video Ind, Bharti Artl, Divis lab, Tulip, Bhel, IOC, DR Reddy & ITC.
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