Wednesday, April 13, 2005

April 15,2005 Trend of Indian Stock Market

For April 15th, 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 Friday, then we may short more.
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Strong & Weak futures
This is list of 10 Strong Future Stocks Bel, Itc, Icici Bank, Hcl Tech, Bajaj Auto, Guj Amb Cem, Bhel, Acc, Hpcl, Hdfc Bank and this is the list of 10 Weak Future Stocks Can Bank, M&M, Tisco, Hero Honda, Rel, Pnb, Bob, Gail, Cipla & Ranbaxy.
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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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