Wednesday, May 31, 2006

May 31st, Analysis of Indian stock market

For 1st June, 2006
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We have covered our shorts near Nifty spot 3100. We will now wait for right signals. It is something like waiting for the right move in such volatile markets. Don't trade for the sake of trading.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Karnataka Bank, Allahabad Bank, Titan Inds, Patni Computers, Jindal Steel, Mphasis Bfllim, Rel.capital, Rel.inds, Alok Textile & Mah & Mah.It and this is the list of 10 Weak Future National Alumini, Orchid Chem, Century Text, Srf Ltd, Abb Ltd, Syndicate Bank , Jindal Stainless, Wockhardt Limit, Jet Airways & Grasim Inds. 
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Daily Trend of Nifty
Nifty is in down trend.
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