Thursday, April 07, 2005

April 8,2005 Trend of Indian Stock Market

For April 8th, 2005
_______________________________________________________________
Trend is up from 2060.Keep stop loss of nifty 2045 spot as your closing stop loss for your long positions. We plan to increase our positions only once Nifty future closes above 2075. Overall Software is best. Till then small positions only. Keep holding your small longs with tight stop loss to be seen on Friday.
_______________________________________________________________
Strong & Weak futures
This is list of 10 Strong Future Stocks Mastek, Hcl Tech, Satyam, Arvind Mills, Itc, Andhra Bank, Ongc, Icici Bank, Bel, Reliance, and this is the list of 10 Weak Future Stocks Pnb, Tata Power, Mtnl, Tisco, M&M, Maruti, Obc, Ranbaxy, Gail & Cipla.
_______________________________________________________________
Daily Trend of Nifty
Nifty is in up trend now from the day it closed above 2060 spot on 1st April. We are long.
_______________________________________________________________
Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

No comments: