Market has remained sideways and now as the clearing
is over, sharp move either side is expected. If the resistance is broken
convincingly then the trend may change to uptrend. But as overall trend is still 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: Adani
power,Havells, Sun Pharma, Titan Industries, IndusInd Bank, ITC,Tata Motors,
Kotak Mahindra, UCO Bank and Jain Irrigati.
Weak Futures
This is list of 10 Weak Futures: HDIL, India Ceme,
Unitech , Ranbaxy Lab, Punj Lloyd, DLF, IVRCL, Jaiprakash As, IFCI and JSW
Energy.
.
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