Daily trend of the market is down
Market is still very volatile and still going down. And as overall trend of the market is down, so the readers who had quit their longs on 3rd June may stay out of the market and do not create any long positions till the trend remains down.
Percentage above support
Percentage of stocks above support is still below 50%, so the readers who had quit the longs posiitons in cash market on 3rd June may not buy till percentage above support remains less than 50%.
Strong Futures
This is list of 10 Strong Futures: Dish TV, Ajanta Pharma, BPCL, Britannia Ind, Page Industries, Hind Petro, SRF, Jubilant Food, Coal India & Reliance Industries.
Weak Futures
This is list of 10 Weak Futures: JP Associates, Adani Power, Jindal Steel & Power, JP Power, Rel Power, Indiabulls Real Estate, IFCI, Sun Pharma, Rel Infra & DLF.
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