Thursday, April 28, 2005

April 29th,2005 Trend of Indian Stock Market

For April 29th, 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 Hind Lever, Itc, Bel, Satyam, Hdfc, Cipla, Bajaj Auto, Guj Amb Cem, Bhel, Acc and this is the list of 10 Weak Future Stocks Polaris, Tcs, Boi, Bob, Pnb, Obc, Tisco, Dr. Reddy, National Alum and M&M.
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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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