Market is continuing in its downtrend and unable to
take support, but now as it has become oversold so it is expected to give a
counter rally. But as the daily trend is still down the readers may then stay
out of the market and so not create any long positions till the trend remain
down.
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Percentage above support
Percentage of stocks above support is still below 50%,
so the readers may not create any long positions till percentage above support
remains less than 50% .
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Strong Futures
This is list of 10 Strong Futures: Colpal, Divis Lab, Asian Paint, BPCL, Mphasis, Bhushan Steel, Hind Uni Lvr, Bata India, Titan & Ruchi Soya.
Weak Futures
This is list of 10 Weak Futures: NCC, IVRCL Infra, Orchid Chem, GVKPIL, GMR Infra, Sintex, HDIL, Bombay Dyeing, Praj Ind & Unitech.
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