Wednesday, April 27, 2005

April 28,2005 Trend of Indian Stock Market

For April 28th, 2005

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Trend of Nifty is down. Go on holding your shorts of 1950 index. Stop loss will be 1975 only. Short more if Nifty Spot closes below 1900.

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Strong & Weak futures
This is list of 10 Strong Future Stocks Bel, Hind Lever, Bhel, Itc, Arvind Mill, Satyam, Bajaj Auto, Cipla, Hdfc, Tata Tea and this is the list of 10 Weak Future Stocks Tcs, Tisco, Dr. Reddy, National Alum, Ranbaxy, Infosys, M&M, Cnxit, Bob and Canara Bank.

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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. And then again we went short around 1950.

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