Daily trend of the market is down
Market has become very volatile and broken its daily level. It has come in downtrend, so the readers who had created longs on 21st May, may now quit the longs and stay out of the market till the trend remains down.
Percentage above support
Percentage of stocks above support is now below 50%, so the readers who had created long positions in cash market on 19th May may quit the longs and do not create any long poisitons in cash market till percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Dish TV, Ajanta Pharma, SRF, Hind Petro, BEL, Page Industries, Strides Arcolab, Jubilant Food, Britannia Ind & BHEL.
Weak Futures
This is list of 10 Weak Futures: Jindal Steel & Power, JP Associates, Adani Power, JP Power, Sun Pharma, DLF, Tech Mahindra, Canara Bank, GMR Infra & Hindalco.
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