Monday, June 27, 2005

June 27,2005 Trend of Indian Stock Market

For June 28th, 2005
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Market will still require patience which very few traders have. It is better to stay away from the market when no clear move is seen. We will still prefer to wait 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, Titan Ltd, Hind Lever, Tata Tea, Gnfc Ltd, Ndtv, M&M and this is the list of 10 Weak Future Stocks Guj Amba Cement, Lic Housing, Ispat Indus, Arvind Mill, Ge Shipp, Vijaya Bank, Andhra Bank, National Alu, Bel & Indian Hotels.
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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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