Market is still volatile and sideways and is
trading at its support. If this support is broken then the market may come in
downtrend. But if the market takes the support and rises then we may see a good
upward move. And as overall trend of the market is still up, the readers who
had bought nifty on 29th November may go on holding them.
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Percentage above support
Percentage of stocks above support is now below 50%,
so the readers may quit deliveries and do
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, IOC, Sun
TV, Adani Ports, NHPC, Axis Bank, DLF, BPCL, ONGC & Yes Bank.
Weak Futures
This is list of 10 Weak Futures: HDIL, Opto
Circuits, IVRCL Infra, Hexaware, JP Associate, Raymond, ALBK, Dena Bank, Exide
Ind & Colpal.
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