Tuesday, May 23, 2006

May 23rd, Analysis of Indian stock market

For 24th May, 2006
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Thursday is the clearing day of the futures, so we wait till that day as volatility will still remain high till clearing is cut. Small stop losses will not work.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Icici Banking, Hdfc Ltd, Maha.seamles, Ranbaxy Labs, Tata Consultancy, Mah & Mah.it, Hdfc Bank Lt, Boi, St.bk.india & Bob. and this is the list of 10 Weak Future Stocks Divi's Laborator, Ivrcl Infrast, Indian Overseas, Ndtv Ltd, Glaxo, Bongaigaon R, Sterlite Inds, Indn.hotels, Essar Oils & Tata Tea.
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Daily Trend of Nifty
Nifty is in down trend.
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