For July 1st, 2005
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Nasdaq, Dow and Midcap are in downtrend and till they do not come up, it is not advisable to take positions here. And Nifty trend is still up so we can't even go short. Best is to stay away.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance Capital, Ndtv Ltd, Titan Ltd, Vsnl Ltd, Hdfc Bank, Ongc, Bajaj Auto, Hind Lever, Hdfc Ltd, I-Flex and this is the list of 10 Weak Future Stocks Guj Amba Cement, Ispat Indus, Lic Housing, Ge Shipp, Chennai Petro, Bel, Ballarpur Indus, Mrpl, Jindal Steel & Arvind Mill.
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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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