Tuesday, April 18, 2006

April 18th, Analysis of Indian Stock Market

For 19th April, 2006
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We plan to quit our longs (bought near 3350) tomorrow at 10.30 am as market is overbought. We will wait for correction before entering again.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Sterlite Inds, India Cements, Century Text, Essar Oil, Jindal Stainless, Acc, Alok Textile, Tisco, Ndtv, Guj. Amba Cement and this is the list of 10 Weak Future Stocks Maha Seamles, J&k Bank, Strides Acrolab, Boi, Corporation Bank, Can bank, Iob, Hdfc, Pnb & Pfizer.
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Daily Trend of Nifty
Nifty is in up trend.
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