Market has broken its support and has come in
downtrend. So the readers who were holding longs in nifty since 29th
November may now quit them and stay out of the market till the trend remains
down.
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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, Sun TV,
DLF, Adani Ports, IOC, NHPC, Asian Paint, BPCL, Axis Bank & PFC.
Weak Futures
This is list of 10 Weak Futures: HDIL, Opto
Circuits, IVRCL Infra, JP Associate, Hexaware, Adani Power, Andhra Bank, Dena
Bank, ALBK & Ranbaxy.
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