Daily trend of the market is down
Market is moving down but has major support very near from where a counter rally is expected. But till the trend remains down the readers may not create long positions and stay out of the market.
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Percentage above support
Percentage of stocks above support is still below 50%, so the readers may not create long positions will be the the percentage of stocks above support remains less than 50%. ________________________________________________________________ __
Strong Futures
This is list of 10 Strong Futures: VIP Ind, Yes Bank, Welcorp, Voltas, Jet Airways, Unitech, Havells, Uniphos, Bombay Dyeing & Hexaware.
Weak Futures
This is the list of 10 Weak Futures: Adanient, DCHL, Renuka, TVS Motor, Educomp, Biocon, OnMobile, NCC, Essar Oil & HDIL.
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