Daily trend of the market is down
Market is continuing its fall. Its major support is very near where it may consolidate and give a counter rally. But since the trend is down since 27th February, so the reader may stay out of the market and do not 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 again come above 50%, so the readers may again create 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: RPower, VIP Ind, Yes Bank, Welcorp, BGR Energy, Rel Infra, Voltas, Unitech, Rolta & Zeel.
Weak Futures
This is the list of 10 Weak Futures: MC Dowell, DLF, Dish TV, TVS Motor, OnMobile, Sintex, Educomp, Sintex, Gail & DCHL.
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