Monday, June 13, 2005

June 13th,2005 Trend of Indian Stock Market

For June 13th, 2005
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As nifty spot closed above 2100 on Tuesday, we have bought nifty and stocks. Have a stop loss of nifty spot 2060 for your long positions. Market still testing patience.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Titan Ltd, Reliance Capital, Gnfc Ltd, Jindal Stainless, Cummins India Ltd, Rel, Hdfc, Indusind Bank, Polaris, Vsnl and this is the list of 10 Weak Future Stocks Chennai Petro, Ispat Indus, Tisco, Hindalco, Telco, Jindal Stainless, Grasim, Gail, Ge Shipp & Hpcl.
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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. We have bought again at 2100 nifty spot.
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