Market had come in uptrend on 8th December. So the readers who had created their longs in Nifty on 9th Dec may go on holding the longs till the trend remains up.
Percentage above support Percentage of stocks is still below 50%, so the readers who has quit their longs in cash market on 15th December may not create long positions till percentage above support remains below 50%.
Strong Futures
This is list of 10 Strong Futures: IFCI, Indraprastha Gas, Engineers India, MindTree, Glenmark Pharma, ADANIENT, Reliance Cap, Reliance Infra, Godrej Industries and KPIT.
Weak Futures
This is list of 10 Weak Futures: BHARAT FINANCIAL, UltraTech Cement, Crompton Greaves, Sun Pharma , Union Bank of India, MAHINDRA & MAHINDRA FINA, IDFCBANK, Punjab National Bank, BAJAJ FINANCE and IBULHSGFIN
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