Thursday, May 26, 2005

May 26,2005 Trend of Indian Stock Market

For May 26th, 2005
_______________________________________________________________
We bought at 1975 Nifty and quit all our positions today at 2040 Nifty Spot index and now we are nil. We plan to be nil and wait for right signals to take the position again.
_______________________________________________________________
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 Titan, Gnfc, Divi Lab, Indusind Bank, Sun Pharma, Federal Bank, Arvind Mill, I-Flex, Ballarpur Indus, Matrix Laborator and this is the list of 10 Weak Future Stocks Ispat Indus, Jindal Steel, Hindalco, Obc, Patani Computers, Sterlite, Grasim, National Alum, Lic Housing & Polaris.
_______________________________________________________________
Daily Trend of Nifty
Nifty is in up trend now from the day it closed above 1975 spot on 6th May. We quit our position on May 25 when nifty spot index touched 2040.
_______________________________________________________________
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: