For July 8th, 2005
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Trend of market is down. Ultimately it seems Nasdaq and Dow downtrend have taken our markets also down. Short around Nifty 2200 spot or near 10:30 on July 7th. Stoploss will be spot 2240.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance Capital, Essar Oil, Titan Indus Ltd, Ndtv Ltd, Abb Ltd, Vsnl Ltd, J & K Bank, M&M, I-Flex, Corporation Bank and this is the list of 10 Weak Future Stocks Bongaigaon R, Chennai Petro, Ioc, Coch Refiner, Ballarpur Indus, Mrpl, Lic Housing Fin, Wipro, Hpcl & Sci.
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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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