Market is trading in a sideways zone. It is at its
major support from where a counter rally is expected. 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, Voltas, Divi Lab, PFC, Glenmark Pharma, CESC, Hind
Petro & Tata Comm .
Weak Futures
This is list of 10 Weak Futures: India Bulls, JP
Associate, BOI, JP Power, Ranbaxy, IRB, JSW Steel, UCO Bank, HDIL &
Allahabad Bank
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