Daily trend of the market is up
Market is continuing its upward movement and is heavily overbought. Expect correction in coming days. 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: IFCI, HDIL, HCC, Dena Bank, Rpower, Voltas, India Cement, LITL, JSW Energy & JSW Steel
Weak Futures
This is the list of 10 Weak Futures: Cipla, Divis Lab, Video Ind, Bharti Artl, Adanient, Shriram Trans, Ranbaxy, Dr Reddy, Tulip & Hind Uni Lvr.
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