Stock Market Prediction for 29th April 2008

Market may open down. Market would be volatile & show significant ups and down. Market may up between 10.45 and 11.00. Market may steady or up side between 13.20 and 13.40. Market may close at down to previous closing.



Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
REL - Reliance Energy Limited
BATAINDIA - Bata India Ltd
PARSVNATH - Parsvnath Developers Limited
GNFC - Gujarat Narmada Valley Fertilizer Co. Ltd.
MOTILALOFS - Motilal Oswal Financial Services Limited

Opening Bell Call
Sell
SIEMENS - Siemens Ltd
GAIL - GAIL (India) Limited
TATACHEM - Tata Chemicals Ltd.
ASHOKLEY - Ashok Leyland Ltd
DISHTV - Dish TV India Limited
HINDUNILVR - Hindustan Unilever Limited
ORCHIDCHEM - Orchid Chemicals & Pharmaceuticals Ltd

Technical Analysis for 29th April 2008

BSE-SENSEX - Major Support - 16996, 16905, 16850, 16795, 16648, 16502, 16355
BSE-SENSEX - Major Resistance - 17088, 17143, 17198, 17289, 17381, 17527, 17674

NSE-NIFTY - Major Support - 5084, 5063, 5050, 5037, 5003, 4969, 4935
NSE-NIFTY - Major Resistance - 5105, 5118, 5131, 5152, 5173, 5207, 5241