Market has broken an important level and has come
in uptrend. Though there are very small small resistances from here where
market may stop moving up, but as the trend is up so the readers may create
long positions in Nifty and hold them till the trend remains up.
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Percentage above support
Percentage of stocks above support is now above 50%
, so the readers may now create long posiitons in deliveries and hold them till
the percentage above support remains above 50%.
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Strong Futures
This is list of 10 Strong Futures: Mc Dowell, RCOM,
Unitech, Bharti Artl, KTK Bank, Idea, Raymond, Aditya Birla, Mcleodruss &
Ashok Ley.
Weak Futures
This is list of 10 Weak Futures: Opto Circuits, GMR
Infra, NMDC, Renuka, Bhushan Steel, Hind Petro, Wipro, India Cement, Voltas
& ONGC.
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