After taking a small correction market has given a
good break again. But Market has reached its major resistance and may
consolidate at current levels. And as overall trend of the market is still up,
so the readers who bought longs on 11th September may go on holding
them till the trend remains up.
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Percentage above support
Percentage of stocks above support is still above 50%,
so the readers who are long in deliveries may hold them till the percentage above support remains above 50%.
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Strong Futures
This is list of 10 Strong Futures: Bank NCC, Canara
Bank, Orient Bank, GMR Infra, Union Bank, RCOM, IRB, Bank Of Baroda, Ibrealest
& Pantaloon R.
Weak Futures
This is list of 10 Weak Futures: Ruchi Soya, S
Kumars, Alok Text, Glaxo, Divis Lab, Opto Circuit, PEL, Hexaware, TCS & DR
Reddy.
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