Market has taken a good support and is give us a
counter rally. But as overall trend of the market is still down, the readers
may stay away from the market and do not create any 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, so
the readers may not create long positions in cash market till the percentage
above support remains below 50% .
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Strong Futures
This is list of 10 Strong Futures: Aurindo Pharma,
Voltas, IOC, Divi Lab, Appollo Tyres, Hexaware Techno, Glenmark Pharma, Tata
Steel, Adani Power & Dabur India.
This is list of 10 Weak Futures: India Bulls, BOI,
Ranbaxy, IRB Infra, Oriental Bank, JP Associate, Canara Bank, JP Power, Idea
& UCO Bank
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