For 15th May, 2006
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We sold our longs near 3690 Nifty Spot and then the market went up. No one can predict the tops or bottoms. But we were convinced that the market should take a correction before going up again. Had the correction not come we would have reviewed our positions. But as we wanted a correction and a correction came, we will buy on Monday near Nifty Spot 3600. If 3600 does not come till 10.30 then, go long in small quantities at 10.30 am. We will review the positions next day.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Nagarjuna Fert, Ifci, Dabur, Essar Oil, Hindalco, Indusind Bank, Jindal Steel &, Rel Capital, Chambal Fert, Videocon Inds and this is the list of 10 Weak Future Stocks Sterlite Inds, Orchid Chem, Patni Computer, Guj Amba, Srf, Vijaya Bank, Titan Inds, Gail, Bpcl & Arvind Mills.
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Daily Trend of Nifty
Nifty is in up trend.
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