Saturday, April 23, 2005

April 25th,2005 Trend of Indian Stock Market

For April 25th, 2005
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Trend of Nifty is down. Market still is in counter rally mode only. Whatever you shorted near 1950 Nifty, keep holding it. If market closes below 1920 on Monday, we may short more. __________________________________________________________________
Strong & Weak futures
This is list of 10 Strong Future Stocks Bel, Arvind MIll, Maruti, Guj Amb Cem, Acc, Hcl Tech, Bhel, Itc, Satyam, Bajaj Auto and this is the list of 10 Weak Future Stocks Tcs, Bob, Canara Bank, Boi, Tisco, Ranbaxy, Mastek, Dr. Reddy, Pnb and 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 had covered our positions near 1910 index.
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