The market has given a very good move upward and if
it is able to break the important resistance then the market can come in
uptrend. 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: S Kumar, Dena
Bank, Pantaloon R, LT, SBI, Mcleodruss, Jet Airways, UCO Bank, IDFC &
Orient Bank.
Weak Futures
This is list of 10 Weak Futures: OnMobile, BEML,
Suzlon, Educomp, Orchid Chem, Tata Motors, NCC, Nagar Oil, Adani Power &
IVRCL Infra.
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