Wednesday, June 15, 2005

June 15th,2005 Trend of Indian Stock Market

For June 16th, 2005
_____________________________________________________________________
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. Target for long positions is nifty spot 2150.
_____________________________________________________________________
Strong & Weak futures
This is list of 10 Strong Future Stocks are Jindal Stainless, Reliance Capital, Titan Ltd, Polaris, Indusind Bank, Rel, Gnfc Ltd, Bharti Tele-Vent, M&M, Icici Bank and this is the list of 10 Weak Future Stocks Ge Shipp, Chennai Petro, Ispat Indus, Bel, Tisco, Sci, Maruti Udyog, Telco, National Alluminium & Bpcl.
_____________________________________________________________________
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.
_____________________________________________________________________
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: