Daily trend of the market is down
Market is volatile and is again falling down. So as overall trend is still down, 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, Yes Bank, IVRCL Infra, Tech M, Bata India, Mcleodruss, Ranbaxy, Unitech, Voltas & MC Dowell.
Weak Futures
This is list of 10 Strong Futures: Infy, Rel Capital, HDIL, JSW Energy, Jindal Steel, TCS, Opto Circuit, Suzlon, GSPL & Rel Infra.
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