Daily trend of the market is Up
Market is moving in a good uptrend. Its next resistance is very nearby from where it may take a small correction. But as overall trend is still up, the readers who had created longs in Nifty on 18th august may go on holding them till the trend remains in uptend
Percentage above support
Percentage of stocks above support is still 50%, so the readers who have created long positions in cash market may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: Arvind, Apollo Hospital, Voltas, BPCL, Cipla, Dabur, Lupin, Tata Motors, M&M & Hind petro/
Weak Futures
This is list of 10 Weak Futures: Unitech, JP Associate, Jindal Steel, R Power, Adani Power, Unitech, DLF, IOB, syndicate Bank & IDBI.
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