Market is at its resistance and may take much
needed correction from here. But till overall trend remains up, the readers who
are holding longs in Nifty since 17th April may go on holding them.
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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: Hind Uni Lvr,
Rcom, Ibrealest, Idea, Maruti, MC Dowell, Uniphos, Uco Bank, Apollo Tyres &
Zeel.
Weak Futures
This is list of 10 Weak Futures: Infy, Jindal
Steel, IVRCL Infra, FRL, TCS, Hexaware, Wipro, Mcleodruss, GMR Infra & IOB.
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