Market is still continuing with its counter rally
and the present trading zone is an important resistance which if broken convincingly
may turn the trend to uptrend. But as overall trend is down, so the readers may
stay out of the market an d do not creates long positions till the trend
remains down.
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Percentage above support
Percentage of stocks above support is still below 50%,
so the readers many not create long positions till the percentage above support
remains less than 50%.
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Strong Futures
This is list of 10 Strong Futures: ADANIPOWER,
SHRIRAM TRANS,CESC , Titan, Reliance Comm, LIC Housing, IndusInd Bank, Hero
Moto,Idea Cellular and Havells.
Weak Futures
This is list of 10 Weak Futures: India Ceme,
Ranbaxy, Punj Lloyd, DLF, Divi s Laborato, FRL,State Bank of India, IVRCL
Limited, Bank of Indi and NMDC Limited.
.
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