Market is continuing with its counter rally and now
if the major resistance is broken then the trend may change to up. But till daily
trend remains down the readers may stay out of the market and do not create any
long positions and wait for the trend to turn to up.
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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: Jubilant Food,
Ranbaxy, Asian Paint, SBI, Havells, Bata India, Divis Lab, South Indian Bank,
MRF & GMDCLTD.
Weak Futures
This is list of 10 Weak Futures: NCC, IVRCL Infra,
Orchid Chem, OnMobile, BEML, IRB, Educomp, Nagar Oil, Indian Bank & Sintex.
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