For September 30th, 2004

Index Today Closing Up/Down From yesterday (Points)
Nifty Spot 1729.95 +37.45
Nifty Future Sept. 1732.50 +29.55
Cnx Midcap 1975.70 +15.4
Cnxit 2442 +35

Market is overall in up trend only. It seems a lot of plus positions of weak investors were cut. How the market bounced from strong support of NF 1685.

Advances Declines
483 283

Strongest & Weakest  futures 

Daily Trend of Nifty

Intraday Trend of Nifty & Future Stocks

This is list of 10 Strong Future Stocks Mastek, Sci, Mtnl, Cipla, Hndalco, Tata Power, Tisco, National Alu, Bajaj Auto, Reliance and this is the list of weak 10 Future Stocks  Maruti, Pnb, Hero Honda, M&M, Dr.reddy, Telco, Bob, Polaris, Acc, Tata Tea. Nifty Future had come in buy in 1621. We quit in 1745. A small quantity we bought around 1711. We were waiting to buy more in 1685 but unfortunately the market turned from 1696 only, and a very strong bounce it gave. This is what the crucial supports can give. Buy more at any correction on clearing day on Thursday.

 

 

Intraday markets change very fast from one sector to other. Intraday at present the traders take and exit positions fast. You may view the intraday movement on Intraday Trend  Page on the site by logging with your email & password.

 To view the brief  Technical Analysis of 20 active stocks 

 

 
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