Wednesday, May 24, 2006

May 24th, Analysis of Indian stock market

For 25th May, 2006
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Let the clearing day pass, then only we can think of taking some positions. Markets are too volatile and one should be taking positions very carefully. As mentioned below, overall trend of Nifty is still down. Let us see if market can show some strength or give clear signals.  
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Allahabad Bank, Bob, Sun Pharmace, Mphasis Bfl Lim, Hind.Petrol, Maha.seamles, Tata Power, Bajaj Auto, Icici Banking & Alok Textile and this is the list of 10 Weak Future Srf Ltd, Century Text, Orchid Chem, Strides Arcolab, Ivrcl Infrast, Polaris Softwar, Jet Airways, Divi's Laboratof, Indn.hotels & Sterlite Inds.
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Daily Trend of Nifty
Nifty is in down trend.
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