Market has reached its first resistance from where
a small correction is expected. But as overall trend is up, so the readers who
are holding longs in Nifty may go on holding them till the trend remains up.
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Percentage above support
Percentage of stocks above support is still above 50%,
so the readers who are holding longs in cash market may go on holding them till
the percentage above support remains more than 50%.
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Strong Futures
This is list of 10 Strong Futures: Rcom, Unitech,
Auro Pharma, Indusind Bank, Ibrealest, Orient Bank, Canara Bank, Apollo Tyres,
Bank India & Axis Bank.
Weak Futures
This is list of 10 Weak Futures: Infy, Wipro,
Mcleodruss, Tech M, FRL, Jub Food, TCS, HCL Tech, Ofss & Hexaware.
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