u>Daily trend of the market is down</u>
Market gave a counter rally till its first resistance and now it may again become volatile. So 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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<u>Percentage above support</u>
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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<u>Strong Futures</u>
This is list of 10 Strong Futures: VIP Ind, Voltas, Tech M, Bata India, Mcleodruss, Unitech, Uniphos, TCS, IVRCL Infra & Century Text.
<u>Weak Futures</u>
This is list of 10 Weak Futures: LITL, IGL, Polaris, India Info, Petronet, HCC, NCC, PFC, Sintex & Bhel.
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