Daily trend of the market is Up
Market has broken its major resistance level and has come in uptrend. So the readers who had quit their longs on 22nd April may now buy nifty and hold the longs till the trend remains up..
Percentage above support
Percentage of stocks above support is still above 50%, so the readers who had created long positions in cash market on 19th May may hold them till the percentage above support remains more than 50%.
Strong Futures
This is list of 10 Strong Futures: Jubilant Food, Adani Enterprises, Eicher Motors, Vedanta, Jain Irrigation, UltraTech, Apollo Tyres, UPL, Federal Bank & UBI
Weak Futures
This is list of 10 Weak Futures: JP Power, JP Associates, Shriram Trans, DLF, HDIL, Arvind, Cairn, Unitech, NTPC & TVS Motor
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