Market is taking a good counter rally and has
reached its major resistance. This resistance if broken may take the market
further up. But as the trend is down, so the readers may stay away from the
market and do not create long positions till the trend does not come in uptrend.
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Percentage above support
Percentage of stocks above support is still below 50%,
so the readers may not create long poisitons and stay away till percentage
above support remains less than 50%.
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Strong Futures
This is list of 10 Strong Futures: Ranbaxy, Idea,
Wipro, Tech M, Hexaware, NMDC, Auro Pharma, Tata Morots, Uniphos & Opto
Circuits.
Weak Futures
This is list of 10 Weak Futures: Finan Tech,
Syndicate Bank, Bhel, Yes Bank, Sintex, JP Associat, Union Bank, Dena Bank,
Orient Bank & Andhra Bank.
.
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