Market is taking a much needed correction. But as overall
trend is still up, 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: UCO
Bank, Rcom, Adani Power, Ibrealest, LIC Housing, Adani Ports, HDIL, IRB Infra, IVRCL
Limited and Adani Port.
Weak Futures
This is list of 10 Weak Futures: IGL, Jindal
Steel, FRL, NMDC, GSPL, Tech M, OFSS, Wipro, Opto Circuits and Renuka.
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