Market is taking a counterrally but has a small
resistance very nearby from where it may start its downward movement again. And
as overall trend is still down so the readers may stay out of the market and do
not create long position 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: Punjlloyd, GMR
Infra, Opto Circuit, HCL Tech, Jub Food, IGL, Asian Paints, Hind Zinc, Ranbaxy
& Dabur.
Weak Futures
This is list of 10 Weak Futures: HDIL, Rel Infra,
IVRCL Infra, Pantaloon R, Welcorp, RPower, GVKPIL, Rel Capital, Adani Power
& Sintex.
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