Stock Market Prediction for 21st April 2008

Market may open up. Market would be volatile & show significant ups and down. Market may up between 11.15 and 11.37. Market may steady or up side between 12.10 and 12.33. Market may close at up to previous closing.




Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd More.... Target - 3200
RANBAXY - Ranbaxy Laboratories Ltd
HDIL - Housing Development and Infrastructure Limited
Grasim - Grasim Industries Ltd. Target - 3600
ADLABSFILM - Adlabs Films Limited
INDIAINFO - India Infoline Limited
RPL - Reliance Petroleum Limited

Opening Bell Call
Sell
DIVISLAB - Divi's Laboratories Limited
IOC - Indian Oil Corporation Ltd
TECHM - Tech Mahindra Limited
ACC - ACC Limited

Technical Analysis for 21th April 2008

BSE-SENSEX - Major Support - 16439, 16395, 16352, 16309, 16223, 16136
BSE-SENSEX - Major Resistance - 16482, 16525, 16568, 16612, 16655, 16742

NSE-NIFTY - Major Support - 4923, 4903, 4876, 4848, 4801, 4753, 4706
NSE-NIFTY - Major Resistance - 4943, 4971, 4998, 5018, 5038, 5086, 5133