Daily trend of the market is up
Market is moving sideways but is still in uptrend. So the readers who had created long positions in Nifty on 16th January may go on holding them till the trend remains up
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: Indiabull Fin., UltraTech Cement , HDIL, JSW Energy, The India Cements, SKS Micro, MindTree, LIC Housing, Sun TV & TVS Motor.
Weak Futures
This is list of 10 Weak Futures: M&M Fin., Hindalco Ind, Sesa Sterlite, JSW Steel, Hero MotoCorp, Tata Steel, Petronet, SAIL, Rel Comm. & Mcleod Russel India.
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