For June 6th, 2005

(We are not changing anything and the same news letter is valid for Monday as Saturday was a small trading session).
Values as on 4th June 2005  Advances  :  521    Declines  :  276
Index Open High Low Close From yesterday
Nifty Spot 2094.10 2098.10 2087 2089.85 -5.65(points)
Nifty Future June 2070 2075 2063.10 2067 -10(points)
Cnx Midcap 200 3012.05 3021.75 3005.60 3021.75 +16.1(points)
Cnxit 2918.10 2918.10 2901.30 2912 -14.05(points)
The above values of Index are actual closings at 3:30 pm and not the averages. We bought at 1975 Nifty and quit all our positions at 2040 Nifty Spot index and now we are nil. Saturday trading is a day which can't be relied much for stock markets. But overall if nifty spot closes above 2100, we can buy in small quantity.

Trend  of the markets 

Daily trend of Index
Daily trend of Index has not  to be confused with intraday trend of the market
Result of daily trend
Intraday trend of Index
It is seen every half an hour during the market time
Trend of other world markets

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Strong & Weak  futures 

This is list of 10 Strong Future Stocks are Reliance Capital, Matrix Labs, Indusind Bank, Titan, Aurobindo Pharma, Nicholas Pir, Colgate,  Mahs Seamles, Tata Chemicals, Hind Lever and this is the list of 10 Weak Future Stocks  Ispat Indus, Hindalco, Jai Prakash Hydro, Jindal Steel, Chennai Petro, Grasim, Jindal Stainless, Lic Housing Fin, J&K Bank & Tisco.

Daily Trend of Nifty

Nifty is in up trend now from the day it closed above 1975 spot on 6th May. We quit our position on May 25 when nifty spot index touched 2040.

Technical Analysis

Technical terms
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Technical  Analysis of active future stocks  (updated daily)
Technical analysis of 20 active stocks (updated daily)
Short term analysis of 15 cash stocks (updated daily)

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