Stock Market Prediction for 13th May 2008

Market may open up. Market would be volatile & show significant ups and down. Market may up between 10.12 and10.25. Market may steady or up side between 12.07 and 12.28. Market may close at up to previous closing.



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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
RANBAXY - Ranbaxy Laboratories Ltd
POLARIS - Polaris Software Lab Limited
GVKPIL - GVK Power & Infrastructure Limited
IFCI - IFCI Limited
RELCAPITAL - Reliance Capital Limited
NTPC - NTPC Limited

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
RPL - Reliance Petroleum Limited
HDFCBANK - HDFC Bank Ltd
HINDUNILVR - Hindustan Unilever Limited
LT - Larsen & Toubro Limited
HEROHONDA - Hero Honda Motors Ltd.
NAGARCONST - Nagarjuna Construction Co. Ltd

Technical Analysis for 13th May 2008

BSE-SENSEX - Major Support - 16766, 16701, 16636, 16524, 16412, 16235
BSE-SENSEX - Major Resistance - 16878, 16990, 17055, 17120, 17297, 17474

NSE-NIFTY - Major Support - 4982, 4962, 4943, 4908, 4874, 4820, 4766
NSE-NIFTY - Major Resistance - 5016, 5051, 5070, 5090, 5144, 5198, 5252