Thursday, June 01, 2006

June 1st, Analysis of Indian stock market

For 2nd June, 2006
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We are out of the market. Market still is not giving any signal to buy and at current oversold prices, we can't go short. So let us wait only.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Mphasis Bfllim, Alok Textile, Allahabad Bank, Karnataka Bank, Federal Bank, Canara Bank, Titan Inds, Rel.inds, Bob & Chambal Fert and this is the list of 10 Weak Future Century Text, National Alumini, Orchid Chem, Srf Ltd, Abb Ltd, Ind.cements, Syndicate Bank, Reliance Energy, Maruti Udyog Lim & Jindal Stainless. 
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Daily Trend of Nifty
Nifty is in down trend.
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