Friday, June 17, 2005

June 17th,2005 Trend of Indian Stock Market

For June 20th, 2005
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When nifty spot closed above 2100, we have bought. Now our stop loss to quit our long positions will be nifty spot 2080.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Jindal Stainless, Titan Ltd, Reliance Capital, Polaris, Rel, Hdfc Ltd, Reliance, M&M, Ndtv Ltd, Satyam Comp. and this is the list of 10 Weak Future Stocks Ge Shipp, Ispat Indus, Chennai Petro, Lic Housing, Sci, Neyvelli, Vijaya Bank, Essar Oil, Bel & Tvs Motor.
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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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