For May 2nd, 2005
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Trend of Nifty is down. Go on holding your shorts of 1950 index. Stop loss will be 1975 only. We cover all our shorts at around Nifty 1850 Spot Index which is next major support of market.
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Strong & Weak futures
This is list of 10 Strong Future Stocks Cipla, Itc, I-Flex, Bel, Hind Lever, Bajaj Auto, Hdfc, Bhel, Satyam, Ioc and this is the list of 10 Weak Future Stocks Polaris, Bob, Boi, Syndicate Bank, Ubi, Tcs, Pnb, National Alum, Andhra Bank and Dr. Reddy.
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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. What we shorted around 2030,we covered our positions near 1910 index. And then again we went short around 1950.
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