Stock Market Forecast for 30th April 2008

Market may open down. Market would be volatile & show significant ups and down. Market may up between 11.25 and 11.45. Market may steady or up side between 13.15 and 13.35. Market may close at down to previous closing.



Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
HDIL - Housing Development and Infrastructure Limited
HINDALCO - Hindalco Industries Ltd.
APTECHT - Aptech Limited
RPL - Reliance Petroleum Limited
DLF - DLF Limited

Opening Bell Call
Sell
INDIANB - Indian Bank
VGUARD - V-Guard Industries Limited
TECHM - Tech Mahindra Limited
ACC - ACC Limited
INDIABULLS - Indiabulls Financial Services Limited
ORCHIDCHEM - Orchid Chemicals & Pharmaceuticals Ltd

Technical Analysis for 30th April 2008

BSE-SENSEX - Major Support - 17271, 17194, 17118, 16988, 16858, 16651
BSE-SENSEX - Major Resistance - 17401, 17531, 17607, 17684, 17890

NSE-NIFTY - Major Support - 5162, 5138, 5114, 5074, 5034, 4970
NSE-NIFTY - Major Resistance - 5202, 5242, 5266, 5290, 5354, 5418