Tuesday, May 30, 2006

May 30th, Analysis of Indian stock market

For 31st May, 2006
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Over all trend down only. Whatever Nifty you shorted, cover around 3100 Nifty spot, stop loss for shorts is Nifty spot closing above 3250.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Karnataka Bank, Ifci Ltd, Titan Inds, Allahabad Bank, Infosys Tech, Alok Textile, Coch refiner, Dabur, I-Flex Solutions & Mphasis Bfllim and this is the list of 10 Weak Future Orchid Chem, National Alumini, Abb Ltd, Srf Ltd, Syndicate Bank , Century Text, Jet Airways, Tvs Motor Compan, Polaris Softwar & Divi's Laborator. 
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Daily Trend of Nifty
Nifty is in down trend.
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