Market is taking a counter rally and is very near
to its resistance. Butas overall trend is still down, so the readers who had
quit the longs on 31st October may stay out of the market till the
trend remains down.
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Percentage above support
Percentage of stocks above support is now above 50%
, so the readers may create small positions 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: KTK Bank, Union
Bank, Orient Bank, Aurobindo Ph, IDFC, Titan, M&M, Arvind, Maruti &
Godrej Ind.
Weak Futures
This is list of 10 Weak Futures: IRB, Bharat Forg,
CESC, GMR Infra, Renuka, Rel Capital, Guj Fluoro, ABB, Bata India & Havells.
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