Daily trend of the market is down
As expected market is giving a counter rally. But as overall trend is still down, so the readers who had quit their longs on 25th September may stay out the market and do not create any long positions till the trend remains down
Percentage above support
Percentage of stocks above support is still below 50%, so the readers who had quit their holding in cash market on 25th September may not create longs in deliveries till the percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Tvs Motors, Union Bank, Federal Bank, Hindustan Petro, Rural Electrifical, Finance Corp, Ashok Ley, Indusind Bank, Andhra Bank & Axis Bank
Weak Futures
This is list of 10 Weak Futures: Jindal Steel, DLF, Unitech, Mcleod Russel, India Cement, CESC, SESA, HCL Tech, Housing Development & JP Associates.
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