Market is still continuing its downward movement
and its first support is nearby from where a small counter rally is expected.
But as overall trend of the market is still 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, Adani
Ports, NHPC, TCS, PFC, DLF, Havells, Axis Bank, Zeel & MC Dowell.
Weak Futures
This is list of 10 Weak Futures: Opto Circuits,
HDIL, JP Associat, Jain Irrigation, UCO Bank, Guj Fluoro, KTK Bank, ALBK, Finan
Tech & JP Power.
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