Market is moving in a good uptrend but is at its
first resistance. A small correction is expected from here. But as overall
trend is up, so the readers who are holding longs in Nifty since 17th
April 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, Ibrealest,
Maruti, uniphos, Auro Pharma, Idea, Axis Bank, MRF, Sun Pharma & LIC Hsg.
Weak Futures
This is list of 10 Weak Futures: Infy, Wipro, HCL
Tech, TCS, Jindal Steel, Hexaware, Tech M, IVRCL Infra, Raymond & Arvind.
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