Market is continuing with its fall and has touched
its major support level. A counter rally is expected from here. 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: Aurobindo
Pharma, IOC, HCL Tech, GAIL, Hind Petro, Glenmark Pharma, Apollo Tyres, Divi
Lab, BPCL & UBL.
Weak Futures
This is list of 10 Weak Futures: JP Power, Ranbaxy,
BOI, JP Associate, India bulls, HDIL, Oriental Bank,Canara Bank, Allahabad Bank
& Yes Bank
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