Monday, May 08, 2006

May 9th, Analysis of Indian Stock Market

For 9th May, 2006
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When Nifty spot came at 3690 we have quitted all our longs which we had bought near 3450. Now we will wait for any panic to come before entering the market again.
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Strong & Weak futures
This is list of 10 Strong Future Stocks are Reliance, Essar Oil, Neyveli, Jayaprakash Hydro, Boi, Indusind Bank, Escorts Ltd, Mrpl, Nagarjuna Fertil & Century text and this is the list of 10 Weak Future Stocks Sterlite Inds, Patni Computer, Wockhardt Ltd, Orchid Chem, Ntpc Ltd, Nicholas Pir, Vijaya Bank, Bharat Fo, Srf Ltd & Pfizer Ltd.    
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Daily Trend of Nifty
Nifty is in up trend.
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