Daily trend of the market is down
Market has its resistance at current levels, breaking of which may trun the trend to 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 cash stocks 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: Voltas, VIP Ind, Welcorp, Yes Bank, RPower, Havells, BGR Energy, Andhra Bank, CESC & Titan.
Weak Futures
This is the list of 10 Weak Futures: Adanient, TVS Motor, DCHL, Pantaloon R, Educomp, Sesa Goa, Essar Oil, MC Dowell, Dish TV & Cipla.
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