Saturday, May 28, 2005

May 27,2005 Trend of Indian Stock Market

For May 30th, 2005
___________________________________________________________________
We bought at 1975 Nifty and quit all our positions at 2040 Nifty Spot index and now we are nil. Market is still in no trading zone and is likely to be volatile for some time before giving clear direction.
___________________________________________________________________
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 Ballarpur Indus, Ranbaxy, Titan, Wipro, Indusind Bank, I-Flex, Tata Chemica, Divi Lab, Infosys, Matrix Laborator and this is the list of 10 Weak Future Stocks Ispat Indus, Jindal Steel, J & Kashmir Bank, Chennai Petro, Lic Housing, Obc, Hindalco, Cesc, Sterlite & Essar Oil.
___________________________________________________________________
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: