For May 17th, 2005
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Trend of Nifty is up. Go on holding your longs. Overall trend of market is up. Nifty Spot 2040 is our target where we plan to quit our longs. Keep your stop loss for all longs as 1975 Nifty Spot.
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Strong & Weak futures
New Stocks have been added in futures. So take care as some of these stocks do not have much volume. This is list of 10 Strong Future Stocks are Gnfc, Titan, Mphasis Bfl, Bajaj Auto, Arvind Mill, Cummins, Essar Oil, Siemens, I- Flex, NDTV and this is the list of 10 Weak Future Stocks Obc, Sterlite, Polaris, Jindeel Steel, Ispat Inds, National Alum, Tcs, Grasim J&K Bank and UTI Bank.
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Daily Trend of Nifty
Nifty is in up trend now from the day it closed above 1975 spot on 6th May. Go on holding your longs.
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