As the Market has becomes somewhat oversold so
might consolidate at current level and may also give a small counter rally from
here. But as overall trend of the market is down, so the readers may stay out
of the market and wait for it to come in uptrend.
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Percentage above support
Percentage of stocks above support is still below 50%,
so the readers may not create long positions in cash market till the percentage
above support remains below 50%.
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Strong Futures
This is list of 10 Strong Futures: Suzlon, PFC,
Adani Ports, NHPC, Zeel, DLF, Sun TV, Infy, Yes Bank & MC Dowell.
Weak Futures
This is list of 10 Weak Futures: Opto Circuits,
HDIL, IVRCL Infra, JP Associat, Jain Irrigation, UCO Bank, ALBK, Guj Fluoro,
KTK Bank & JP Power.
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