Monday, April 18, 2005

April 19th,2005 Trend of Indian Stock Market

For April 19th, 2005
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Trend of Nifty is down. Now after getting a profit of 100 points on Nifty, we are out of the market. Let any clear signal come as we do not want to short near 1900 Index.
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Strong & Weak futures
This is list of 10 Strong Future Stocks Bel, Itc, Acc, Bajaj Auto, Hpcl, Guj Amb Cem, Bpcl, Ioc, Bhel, Hcl Tech and this is the list of 10 Weak Future Stocks Infosys, Tisco, National Alum, Wipro, Cipla, Hindalco, Gail, Polaris, Ranbaxy & Cnxit.
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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 and plan to cover on Monday.
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