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Wednesday, April 16, 2008

Stock Market Prediction for 17th April 2008


Market may open up with huge gap. Market would be volatile & show significant ups and down. Market may up between 10.15 and 10.40. Market may steady or up side between 12.18 and 12.41. Market may close at up to previous closing.




Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd More.... Target - 3200
Grasim - Grasim Industries Ltd. Target - 3600
JPASSOCIAT - Jaiprakash Associates Limited Target - 345
JKTYRE - JK Tyre & Industries Limited More....
PARSVNATH - Parsvnath Developers Limited
KOTAKBANK - Kotak Mahindra Bank Limited
MUNDRAPORT - Mundra Port and Special Economic Zone Limited

Opening Bell Call
Sell

BHEL - Bharat Heavy Electricals Ltd
HDIL - Housing Development and Infrastructure Limited
PFC - Power Finance Corporation Limited
BAJAJHIND - Bajaj Hindusthan Ltd
BHARTIARTL - Bharti Airtel Limited

Technical Analysis for 17th April 2008

BSE-SENSEX - Major Support - 16285, 16221, 16157, 16113, 16070, 15962, 15855
BSE-SENSEX - Major Resistance - 16328, 16372, 16436, 16500, 16607, 16715

NSE-NIFTY - Major Support - 4880, 4857, 4842, 4827, 4788, 4750
NSE-NIFTY - Major Resistance - 4904, 4919, 4934, 4957, 4981, 5019, 5058, 5096

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