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Wednesday, May 14, 2008

Stock Market Prediction for 15th May 2008


Market may open up. Market would be volatile & show significant ups and down. Market may up between 10.35 and10.55. Market may steady or up side between 12.25 and 12.45. Market may close at up to previous closing.



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Opening Bell Call

Buy
RELIANCE - Reliance Industries Ltd
IFCI - IFCI Limited
JINDALSTEL - Jindal Steel & Power Ltd.
LUPIN - Lupin Limited
POLARIS - Polaris Software Lab Limited
REL - Reliance Energy Limited
STER - Sterlite Industries ( India ) Limited


Opening Bell Call
Sell
ACC - ACC Limited
ICICIBANK - ICICI Bank Ltd
BOMDYEING - Bombay Dyeing & Mfg Co. Ltd
IVRCLINFRA - IVRCL Infrastructures & Projects Ltd.
PSTL - Pyramid Saimira Theatre Limited
UCOBANK - UCO Bank

Technical Analysis for 15th May 2008

BSE-SENSEX - Major Support - 16872, 16802, 16731, 16608, 16484, 16290, 16096
BSE-SENSEX - Major Resistance - 16996, 17119, 17190, 17260, 17454, 17648

NSE-NIFTY - Major Support - 4989, 4971, 4953, 4924, 4895, 4848, 4801
NSE-NIFTY - Major Resistance - 5018, 5047, 5065, 5083, 5130, 5177, 5224

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