Daily trend of the market is down
Market has taken a good support and is giving a counterrally. 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 now above 50%, so the readers may create some long positions in cash market and hold them 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, India Cement, Bombay Dyeing, Jet Airways, Bata India, Voltas, Century Text & Havells.
Weak Futures
This is the list of 10 Weak Futures: Adanient, TVS Motor, Biocon, OnMobile, NMDC, Educomp, NCC, DCHL, Pantaloon R & Renuka.
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