Market is still continuing with its correction, we
are waiting for it to be over before restarting its upward move. 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: ADANIPOWER,LIC
Housing, Crompton Greaves, Indiabulls Rea, UCO Bank, RCOM,CESC Ltd., United
Spirit, MRF Ltd and United Phos.
Weak Futures
This is list of 10 Weak Futures: Opto Circuits,
Divi Lab, Hexaware Tech, FRL,Tech M,Oracle, Jindal Steel, GSPL, Wipro and PTC.
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