Daily trend of the market is up
Market is still continuing with its correction but the trend is still up. 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: HDIL, HCL Tech., UPL, Adani Enterprises, Siemens, Wockhardt, DLF, Ranbaxy, Wipro & Bharat Forge.
Weak Futures
This is list of 10 Weak Futures: OBC, PNB, BOB, IOB, UBI, UCO Bank, BOI, Allahabad Bank, Crompton Greaves & Rel Comm.
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