Saturday, July 02, 2005

July 1st,2005 Trend of Indian Stock Market

For July 4th, 2005
___________________________________________________________________________
Markets are still not moving in a very healthy way by which we can say that positions on either side can be taken, as Nifty trend is still up whereas nasdaq and dow are down. (Monday 4th July, US markets are closed due to Independence Day.)
___________________________________________________________________________
Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance Capital, Ndtv Ltd, Pfizer Ltd, I-Flex, Titan Ltd, Vsnl Ltd, Matrix Lab, Polaris, Glaxo, Century Text and this is the list of 10 Weak Future Stocks Guj Amba Cement, Ispat Indus, Bongaigaon R, Lic Housing, Chennai Petro, Mrpl, Ioc, Grasim, Cochi Refiner & Jindal Steel.
___________________________________________________________________________
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: