Monday, August 29, 2005

August 29th,2005 Trend of Indian Stock Market

For August 30th, 2005
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Trend of market is down. and we are short in small quantities.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Ivrcl, Ind Cements, Alok Textile, Ge Shipp, Indn Rayon, Bharti Tele-Vent, Patni Comp, Tata Tea, M&M, Jindal Steel and this is the list of 10 Weak Future Stocks Corporation Bank, Jet Airways, Lic Housing, Karnataka Bank, Canara Bank, Andhra Bank, Rel, Obc, Mphasis Bfl & Boi.
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Daily Trend of Nifty
Nifty is in downtrend now. We have sold Nifty Futures at 2328.80 nifty spot and are holding our shorts.
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