For July 14th, 2005
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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 stop loss. (Remember trend is your friend)
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Vsnl Ltd, Titan Indus Ltd, Reliance Capital, J & K Bank, Essar Oil, Ndtv Ltd, Gnfc Ltd, Corporation Bank, Mtnl, Dabur and this is the list of 10 Weak Future Stocks Coch Refiner, Bongaigaon R, Ioc, Bpcl, Hpcl, Chennai Petro, Infosys, Ranbaxy, Indn Rayon & Gail.
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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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