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Daily trend of the market is up
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 above support has come below 50%, so the readers may quit their longs in cash market and do not create long positions till percentage above support remains below 50%.
This is list of 10 Strong Futures: MindTree, Tata Elxsi, IFCI, ADANIPOWER, Tata Power, Godrej, Jindal Steel & Power, Bharat Forge, Reliance nd TVS Motor..
This is list of 10 Weak Futures: Crompton Greaves, IBULHSGFIN, BHARAT FINANCIA, MAHINDRA & MAHINDRA FINA, KAVERI SEED, UltraTech Cement, Punjab National Bank, SHRIRAM TRANS FIN, COALINDIA and Jet Airways
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