Tuesday, April 12, 2005

April 13,2005 Trend of Indian Stock Market

For April 13th, 2005
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Trend of Nifty is down. Keep holding the shorts. Market is taking a counter rally at the moment. If market closes weak on Wednesday, we may short more. Weak investors should trade in options in the result month.
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Strong & Weak futures
This is list of 10 Strong Future Stocks Bel, Itc, Icici Bank, Hcl Tech, Bajaj Auto, Andhra Bank, Satyam, Acc, Hdfc Bank, Ongc and this is the list of 10 Weak Future Stocks Canara Bank, M&M, Cipla, Bob, Pnb, Mtnl, Grasim, Maruti, Obc & Wipro.
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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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