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, ADANIPOWER, IBULHSGFIN, Development Credit Bank, KAVERI SEED, Steel Authority of India, JSW STEEL, Rural Elect, NMDC and PTC India
Weak Futures
This is list of 10 Weak Futures: Reliance Comm, Idea Cellular, Divi s Lab, TATA CONSULTANCY SERV , Dr. Reddys Lab, CADILA HEALTHCAR, GRANULES INDIA,Hexaware, MindTree and Century Textile
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