For April 27th, 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 stop loss of 1975 Nifty. If market closes above it, do not remain short. Rather go long if market closes above 1975.
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Strong & Weak futures
This is list of 10 Strong Future Stocks Bel, Arvind MIll, Satyam, Bhel, Hind Lever, Guj Amb Cem, Ipcl, Icici Bank, Tata Tea, Maruti, and this is the list of 10 Weak Future Stocks Tcs, Dr. Reddy, Ranbaxy, Tisco, Bob, Canara Bank, National Alum, Infosys, Cnxit and Obc.
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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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