Indian Stock Market

clipped from 955am.com Indian Stock Market Analysis ( 27.06.2007 ) Nifty ends at positive zone. Bulls have firm control over Nifty Future. World markets are showing weakness. But Indian ADRs are trading in Positive Zone. Nifty may move upward due to short covering and shifting of F&O position from June Month contract to July month contract. Positive divergence in Nifty 13DMA indicates further uptrend Bulls are pushing up the prices of ONGC, SUZLON, BHEL, LT, ABB, SIEMENS. They may also push up other index heavy weights like INFOSYS, WIPRO, BHARTI AND RCOM 4240 is strong support for Nifty Future ( June contract ) on closing basis. Send your queries to both of my email id : info@955am.com    : shankar955am@gmail.com