It seems as if market may come out of its sideways
zone and start to trade below its immediate support. If this happens then the
trend may turn to down. But till overall trend of the market remains up, the
readers who bought longs on 11th September may go on holding them.
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Percentage above support
Percentage of stocks above support is marginally 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: JP Power, Yes
Bank, Orient Bank, KTK Bank, Aurobindo Ph, Axis Bank, Arvind, LT, Federal Bank
& Godrej Ind.
Weak Futures
This is list of 10 Weak Futures: IRB, CESC, GMR
Infra, Renuka, GVKPIL, Sun TV, IVRCL Infra, Exide Ind, PNB & Wipro.
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