Daily trend of the market is Up
Today market has taken a sharp fall and has broken its major support level. This break has brought the market in downtrend, so the reader who had bought on 3rd January may now quit their longs and stay out of the market till the trend remains down
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 31st October may go on holding them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: Ashok Leyland, Adani Ports, Adani Enterprises, Exide Industries, SKS Micro, TVS Motor, LIC Housing, M&M Fin. & UltraTech Cement.
Weak Futures
This is list of 10 Weak Futures: Rel Comm., Jain Irrigation, Rel Industries, Rel Infra, Glenmark Pharma, AmtekAuto, IRB Infrastructure, Havells India, ONGC & HDIL..
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