Monday, May 30, 2005

May 30,2005 Trend of Indian Stock Market

For May 31st, 2005
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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.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Tata Chemica, Ranbaxy, Divi Lab, Tcs, Hind Lever, Titan, Ballarpur Indus, I-Flex, Infosys, Wipro and this is the list of 10 Weak Future Stocks Ispat Indus, Jindal Steel, Chennai Petro, Hindalco, J & Kashmir Bank, Lic Housing, Uti Bank, Obc, Cesc & Essar Oil.
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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. We quit our position on May 25 when nifty spot index touched 2040.
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