Friday, June 24, 2005

June 24th,2005 Trend of Indian Stock Market

For June 27th, 2005
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The present market scenario requires patience. We do not have a small stop loss if we take any buy position, so we will let the market drift more before we take positions.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance Capital, Jindal Stainless, Reliance, Rel, Hind Lever, Ndtv, Titan Ltd, Hero Honda, Maha Seamles, Tata Tea and this is the list of 10 Weak Future Stocks Guj Amba Cement, Ge Shipp, Lic Housing, Ispat Indus, Vijaya Bank, Chennai Petro, Sci, Ioc, Cochi Refiner & Essar Oil.
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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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