Tuesday, July 12, 2005

July 12th,2005 Trend of Indian Stock Market

For July 13th, 2005
______________________________________________________________________
Trend of market is down. We shorted around 2200 nifty spot. Hold the short with stop loss 2240. We still hold our short with our stoploss.
______________________________________________________________________
Strong & Weak futures
This is list of 10 Strong Future Stocks are Titan Indus Ltd, Vsnl Ltd, Reliance Capital, Essar Oil, Ndtv Ltd, Corporation Bank, J & K Bank, Canara Bank, Cadila, Icici Bank and this is the list of 10 Weak Future Stocks Ioc, Bongaigaon R, Coch Refiner, Chennai Petro, Bpcl, Lic Housing Fin, Hpcl, Wipro, Infosys & Mrpl.
______________________________________________________________________
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.
______________________________________________________________________
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: