Daily trend of the market is down
Market had come in downtrend on 20th December. So the readers who had quit their long positions on 21st Dec may 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: PC JEWELLER, BEML, Indian Oil Corp, Indraprastha Gas,TATA CONSULTANCY SERV LT, GAIL, Reliance Industries Ltd.KPIT, Mindtree and Maruti Suzuki
Weak FuturesThis is list of 10 Weak Futures: Divi s Laboratories, BHARAT FINANCIAL, Allahabad Bank, CANARA BANK, IDFCBANK, Hindalco, Union Bank of India, South Indian Bank , HDIL and Rural Electrification
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