Daily trend of the market is down
Market is moving in a sideways zone. And as overall trend is still down, so the readers who had quit their longs in Nifty on 7th January may stay out of the market and do not create any long positions till the trend remains down
Percentage above support
Percentage of stocks above support is still 50%, so the readers who are holding longs in cash market may go on holding them till the percentage above support remains above 50%.
Strong Futures
This is list of 10 Strong Futures: Hindustan Unilever, TVS Motors, Mind Tree, SKS Micro, United Breweries, UltraTech Cement, Asian Paints, Dabur, Kotak Mahindra Bank & Bosch.
Weak Futures
This is list of 10 Weak Futures: Sesa Sterlite, Rel Comm., Rel Infra, JP Associates, Unitech, JSW Steel, Indiabull Real Estate, Hindalco Ind, Tata Steel & Rel Capital..
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