Thursday, March 02, 2006

March 2nd, Analysis of Indian Stock Market

For 3rd March, 2006
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Overall trend of the market is up but market is overbought in near term. We enter only at correction near Nifty Spot 3100.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Maruti, Bhel, Bajaj Auto, Century Text, Telco, Cummins India, Acc, Ashok Leyl, Siemens, Grasim and this is the list of 10 Weak Future Stocks Essar Oil, Nagarjuna Fert, Idbi, Ifci, Indusind Bank, Gnfc, Ipcl, Mrpl, Jaiprakash Hydro & Sci.
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Daily Trend of Nifty
Nifty is in up trend.
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