Friday, July 15, 2005

July 15th,2005 Trend of Indian Stock Market

For July 18th, 2005
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Trend of market is down. We shorted around 2200 nifty spot. Hold the short with stop loss 2230 (This is the closing stop loss that is nifty should close above it). We still hold our short with our stop loss.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Srf Ltd, Vsnl Ltd, Titan Indus Ltd, Escorts Ltd, Reliance Capital, Ndtv Ltd, Karnataka Bank, J & K Bank, Essar Oil, Boi and this is the list of 10 Weak Future Stocks Bpcl, Coch Refiner, Bongaigaon R, Hpcl, Infosys, Ioc, Chennai Petro, Tcs, Gail & Wipro.
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Daily Trend of Nifty
Nifty is in downtrend now. We shorted around 2200 nifty spot and are holding our shorts.
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