Daily trend of the market is down
Market has been very volatile but it seems that a small counter rally may come. But as overall trend is still down, so the readers may stay out of the market and do not create any long positions in Nifty till the trend remains down.
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Percentage above support
Percentage of stocks above support is above 50%, so the readers who are holding long positions in cash market may hold them till percentage above support remains more than 50% .
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Strong Futures
This is list of 10 Strong Futures: VIP Ind, MC Dowell, Yes Bank, Welcorp, IVRCL Infra, Voltas, Tech M, Bata India, Jet Airways & Mcleodruss
Weak Futures
This is list of 10 Strong Futures: IGL, Jindal Steel, BEML, Opto Circuit, JSW Energy, GSPL, India Cement, Rel Capital, Sesa Goa & Sterlite,
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