Thursday, June 02, 2005

June 2nd,2005 Trend of Indian Stock Market

For June 3rd, 2005
________________________________________________________________
We bought at 1975 Nifty and quit all our positions at 2040 Nifty Spot index and now we are nil. If Nifty Spot closes near its low on Friday and below 2050, then we plan to short.
________________________________________________________________
Strong & Weak futures
This is list of 10 Strong Future Stocks are Indusind Bank, Matrix Lab, Titan Indus, Nicholas, Tata Chemica, Rel Capital, Colgate Palm, Hind Lever, Tata Tea, Bajaj Auto and this is the list of 10 Weak Future Stocks Ispat Indus, Hindalco, National Allu, Jindal Steel, Obc, J & Kashmir Bank, Jindal Stainless, Tisco, Chennai Petro & Lic Housing Fin.
________________________________________________________________
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.
________________________________________________________________
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: