Thursday, June 23, 2005

June 23rd,2005 Trend of Indian Stock Market

For June 24th, 2005
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The present market scenario requires patience. On one hand cash stocks and midcap are not performing well, whereas Nifty is making new highs.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance Capital, Jindal Stainless, Rel, Reliance, M&M, Titan Ltd, Satyam Comp, Cipla, Hind Lever, I-Flex and this is the list of 10 Weak Future Stocks Guj Amba Cement, Lic Housing, Ispat Indus, Ge Shipp, Chennai Petro, Essar Oil, Ioc, Bel, Cochi Refiner & Ballarpur Indus.
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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. We quit our new positions at 2150 spot on 20th June.
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