Market is very volatile and after breaking the important
support level has come in downtrend. So the readers who had been holding longs
in Nifty since 11th March may now quit the longs and stay away from
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: GMR Infra, Jub
Food, Asian Paints, HCL Tech, Ranbaxy, Sun Pharma, Lupin, Hexaware, Tech M
& ITC.
Weak Futures
This is list of 10 Weak Futures: Welcorp, IVRCL
Infra, Finan Tech, Pantaloon R, Century Text, Raymond, NHPC, JSW Steel, PTC
& Rel Infra.
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