Daily trend of Nifty is up
Market had come in uptrend on 30 December closing. So the readers who have made their long positions on closing 30th December can keep holding their positions till the trend of Nifty is up.Percentage of stocks came above 50% on 1st January, so the readers who created long positions in cash market can keep holding longs till the percentage of stocks above support remains more than 50%
Strong Futures
This is list of 10 Strong Futures: BEML, Jindal Steel & Power, Jaiprakash Associates, ADANIPOWER, JSW STEEL, IndusInd Bank, Yes Bank,India Cements Limite, MRF and Steel Authority of India
Weak FuturesThis is list of 10 Weak Futures: Divi s Laboratories, Reliance Comm, GRANULES INDIA, MindTree, Hexaware Technologies, Infosys, CADILA HEALTHCARE,DR. Reddys Lab , Petronet and TECH MAHINDRA
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