Market is taking a correction and is trading at its
major support which if broken then it may come in downtrend. But till the trend
remains up the readers who had bought on 10th October may go on holding
the longs.
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Percentage above support
Percentage of stocks above support is still above 50%,
so the readers may go on holding longs in cash market.
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__
Strong Futures
This is list of 10 Strong Futures: Aurobindo Pha, Adani Enterpris, CESC, Arvind Limited., Bank of India.,
Dena Bank, SAIL , Andhra Bank, Tech Mahindra and Tata Steel
.
Weak Futures
This is list of 10 Weak Futures: United Breweries ,Ambuja Cements, United Spirit, IOC,Dabur ,Titan
Industries, RCOM, ITC, IDEA andAxis Bank
.
.
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