Thursday, June 15, 2006

June 9th, Analysis of Indian stock market

For 12th June, 2006
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We had gone long at Nifty 2800 and we will quit the longs at 10.30 am on 12th June. This was a counterrally which we played from oversold levels. After 10:30am we will again sit out and wait for clear signals before we take positions.
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Strong & Weak futures 
This is list of 10 Strong Future Stocks are Indn.Petroch, Hdfc Ltd, Rel.Inds, Maruti Udyog Lim, Strides Arcolab, Canara Bank, Gas Authorit, Shipping Cor, Infosys Tech & Acc Ltd and this is the list of 10 Weak Future Chennai Petroleu, Arvind Mills, Indn.oil Cor, Ndtv Ltd, Srf Ltd, Essar Oils, Polaris Softwar, Jindal Steel, Orchid Chem, & Nicholas Pir. 
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Daily Trend of Nifty
Nifty is in down trend.
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