For September 3rd, 2004

Index Today Closing Up/Down From yesterday (Points)
Nifty Spot 1627.70 -6.35
Nifty Future Sept. 1624.30 -2.25
Cnx Midcap 1868.20 -14.45
Cnxit 2370.85 +27.35

Today the cash stocks finally took a good correction and as they had been the leaders of this rally they took nifty Future stocks also along with them. Advance decline was negative.

Advances Declines
433 321
Strongest & Weakest 10 futures  Daily Trend of Nifty Intraday Trend of Nifty & Future Stocks
This is a list of 10 Strong Future Stocks  Ubi,  Canara Bank, Grasim, I-Flex, Guj Amb Cem, Ipcl, Arvind Mills, Bajaj Auto, Tata tea, Infosys and this is the list of weak 10 Future Stocks  Telco, Icici Bank, Dr. Reddy, Tisco, Hind lever, Hero Honda, Mtnl, Cipla, Obc, M&M. Nifty Future (NF)  continues  in buy. Came in buy in  1621,but will move slowly  only. Nifty Future are likely to move in range of 1600-1640. Nifty and Future stocks intraday will go on behaving like this at the moment i.e. there  will be sideways move in them as they are not in free zone. For more on intraday movements, go to the site.

 

 
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