Tuesday, May 16, 2006

May 16th, Analysis of Indian Stock Market

For 17th May, 2006
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We plan to quit all our long positions tomorrow around 3580 Spot or around 10.30, as markets are too volatile & we do not wish to remain in such market. We will wait for the volatility to be our before entering again.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Dabur, Bajaj Auto, Rel ind, Allahabad Bank, Mah & Mah, Bob, Federal Bank, Maha. Seamles, Indusind & Hdfc Bank and this is the list of 10 Weak Future Stocks Orchid Chem, Jindal Stainless, Hcl Technologie, Essar Oils, Arvind Mills, Vijaya Bank, Nicholas Pir, Indian Overseas, Bharat Petro & Bharat Fo.co. 
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Daily Trend of Nifty
Nifty is in up trend.
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