Tuesday, July 05, 2005

July 5th,2005 Trend of Indian Stock Market

For July 6th, 2005
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Market is still in up trend though it is against the nasdaq and dow trend. If you wish to buy you may buy small quantity with stop loss of 2200 spot index i.e. if it closes below it , you quit. (Keep volume low here and be strict with your stop loss).
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance Capital, Essar Oil, Ndtv Ltd, Titan Inds Ltd, Vsnl Ltd, J & K Bank, Polaris, Pfizer Ltd, Abb Ltd, I-Flex and this is the list of 10 Weak Future Stocks Bongaigaon R, Lic Housing, Ispat Indus, Chennai Petro, Ioc, Grasim, Syndicate Bank, Coch Refiner, Mrpl & Ge Shipp.
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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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