Market has come in downtrend on 20th December. So the readers who had created their longs in Nifty on 9th Dec may now quit their longs in nifty and do not create long positions till the trend remains down.
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, TATA CONSULTANCY SERV, Glenmark Pharma, Engineers India, Biocon,Indraprastha Gas, Infosys Limited, HCL Technologies Ltd, IRB Infra and MindTree Limited.
Weak Futures
This is list of 10 Weak Futures: BHARAT FINANCIAL, Union Bank of India, Crompton Greaves, MAHINDRA & MAHINDRA FINA, Allahabad Bank, JUST DIAL, IDFCBANK, Punjab National Bank, UltraTech Cement and BAJAJ FINANCE
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