Stock Market Prediction for 24th April 2008

Market may open up. Market would be volatile & show significant ups and down. Market may up between 11.50 and 12.15. Market may steady or up side between 13.40 and 14.06. Market may close at up to previous closing.



Opening Bell Call
Buy
BIOCON - Biocon Limited
RENUKA - Shree Renuka Sugars Limited
ICICIBANK - ICICI Bank Ltd
IFCI - IFCI Limited
PUNJLLOYD - Punj Lloyd Limited
RPL - Reliance Petroleum Limited

Opening Bell Call
Sell
BALRAMCHIN - Balrampur Chini Mills Ltd
TECHM - Tech Mahindra Limited
HBLPOWER - HBL Power Systems Limited
UNITECH - Unitech Ltd

Technical Analysis for 24th April 2008

BSE-SENSEX - Major Support - 16639, 16561, 16498, 16434, 16293, 16152
BSE-SENSEX - Major Resistance - 16716, 16780, 16843, 16921, 16998, 17139

NSE-NIFTY - Major Support - 5012, 4989, 4972, 4956, 4916, 4876
NSE-NIFTY - Major Resistance - 5036, 5052, 5069, 5092, 5116, 5156, 5196