For June 23rd, 2005
_______________________________________________________________________
The present market scenario requires patience. On one hand cash stocks and midcap are not performing well, whereas Nifty is making new highs. Hedging is the only technique in such markets which cannot be advised here as taking hedge position is a complicated task.
_______________________________________________________________________
Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance Capital, Rel, Jindal Stainless, Reliance, M&M, Satyam Comp, Titan Ltd, Cipla, Hdfc Ltd, I-Flex and this is the list of 10 Weak Future Stocks Guj Amba Cement, Ge Shipp, Sci, Boi, Lic Housing, Essar Oil, Ispat Indus, Andhra Bank, Chennai Petro & Ioc.
_______________________________________________________________________
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. We quit our new positions at 2150 spot on 20th June.
_______________________________________________________________________
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:
Post a Comment