For April 12th, 2005
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Trend of Nifty is down. We may short small quantities only. Keep holding on to your shorts. Nifty Future support is near 1970 where you may quit your shorts temporarily but we do not wish to go long.
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Strong & Weak futures
This is list of 10 Strong Future Stocks Hcl Tech, Mastek, Bel, Bajaj Auto, Dr. Reddy, Hdfc Bank, Ioc, Sci, Bhel, Tata Tea and this is the list of 10 Weak Future Stocks Canara Bank, Tisco, Tata Power, Pnb, Mtnl, M&M, Ubi, Gail, Infosys & Cipla.
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Daily Trend of Nifty
Nifty is in down trend now from the day it closed below 2045 spot on 8th April. We are short in small quantities now.
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