Wednesday, April 20, 2005

April 21st,2005 Trend of Indian Stock Market

For April 21st, 2005
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Trend of Nifty is down. Market still is in counter rally mode only. It is taking support near 1900 index. The day it closes below 1900 will the next fall start. In the meanwhile we may short small positions near 1950
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Strong & Weak futures
This is list of 10 Strong Future Stocks Bel, Acc, Maruti, Guj Amb Cem, Bajaj Auto, Itc, Telco, Arvind MIll, Hpcl, Tata Tea and this is the list of 10 Weak Future Stocks Tcs, Obc, Cnxit, Canara Bank, Bob, Boi, Wipro, Infosys, Tisco & National Alum.
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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 had covered our positions near 1910 index.
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