For July 12th, 2005
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Trend of market is down. We shorted around 2200 nifty spot. Hold the short with stop loss 2240. Tomorrow morning are Infosys result which will decide the next direction of market.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Titan Indus Ltd, Reliance Capital, Essar Oil, Ndtv Ltd, J & K Bank, Vsnl Ltd, Corporation Bank, Federal Bank, Abb Ltd, Neyveli Lignite and this is the list of 10 Weak Future Stocks Ioc, Bongaigaon R, Chennai Petro, Coch Refiner, Bpcl, Hpcl, Arvind Mills, Lic Housing Fin, Mrpl & Ongc.
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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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