Daily trend of the market is down
Market has takes a good support and is going up. But till the trend remains down the readers may not create long positions in Nifty and wait for the market to come in uptrend.
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Percentage above support
Percentage of stocks above support is above 50%, so the readers who bought went long on 7th March may go on holding the longs till the percentage of stocks above support remains more than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: VIP Ind, Yes Bank, Welcorp, Voltas, RPower, Pir Health, BGR Energy, Unitech, CESC & IFCI.
Weak Futures
This is the list of 10 Weak Futures: Adanient, MC Dowell, DCHL, Dish TV, TVS Motor, Hindalco, Educomp, OnMobile, Pantaloon R & Essar Oil.
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