Market has fallen after breaking its first support and
its next support is very near where it may again trade in a sideways zone. And as
overall trend is still down, so the readers may stay out of the
market an 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: Bata India,
CESC, Arvind, Dr. Reddys Lab, United Spirit, Hexaware Techno, Oracle Fin Serv
Sof, TCS, Infosys Limited. and Havells India..
Weak Futures
This is list of 10 Weak Futures: Opto Circuits,
Shree Renuka , Housing Development, Jain Irrigati, India Ceme, Punj Lloyd Lim, Jaiprakash Power,
Indian Hotels , Unitech Ltd and Jindal Steel.
.
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