For October 4th, 2004

Index Today Closing Up/Down From yesterday (Points)
Nifty Spot 1776.10 +32.55
Nifty Future Oct 1777.70 +38.7
Cnx Midcap 2001.55 +10.1
Cnxit 2538.95 +44.95

At the moment frontline stocks are more strong. As mentioned repeatedly , go on holding your longs. We do not know when the rally stops, but do try to take advantage of full trend. Honestly, when rally started from 1621,we did not imagine it to come till here. But if you try to play full trend, you get full profit.

Advances Declines
440 339

Strongest & Weakest  futures 

Daily Trend of Nifty

Intraday Trend of Nifty & Future Stocks

This is list of 10 Strong Future Stocks Mastek, Hindalco, Mtnl, Sci, Cipla, Bajaj Auto, National Alum, Hcl Tec, Tata Power, Reliance and this is the list of weak 10 Future Stocks Maruti, Bob, Pnb, Hpcl, Tata Tea, Polaris, M&M, Arvind Mill, Hero Honda, Itc.  Nifty Future had come in buy in 1621. We quit in 1745. Then we bought again around 1711. We consider the markets to be in uptrend only and a closing below 1700 Nifty index will only negate the uptrend. Go on holding your positions.

 

 

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