Stock Market Prediction for 21st May 2008

Market may open down. Market would be volatile & show significant ups and down. Market may down between 12.08 and12.35. Market may steady or down side between 13.11 and 13.34. Market may close at down to previous closing.



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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
RPOWER - Reliance Power Limited
LT - Larsen & Toubro Limited
MUNDRAPORT - Mundra Port and Special Economic Zone Limited
TATAMOTORS - Tata Motors Limited


Opening Bell Call
Sell
HDFCBANK - HDFC Bank Ltd
BHARTIARTL - Bharti Airtel Limited
CIPLA - Cipla Ltd.
DIVISLAB - Divi's Laboratories Limited
BHEL - Bharat Heavy Electricals Ltd
DRREDDY - Dr. Reddy's Laboratories Ltd.

Technical Analysis for 21st May 2008

BSE-SENSEX - Major Support - 17183, 17121, 17067, 17013, 16897, 16782
BSE-SENSEX - Major Resistance - 17244, 17298, 17352, 17414, 17475, 17590

NSE-NIFTY - Major Support - 5088, 5064, 5044, 5024, 4980, 4936, 4892
NSE-NIFTY - Major Resistance - 5112, 5132, 5152, 5176, 5200, 5244, 5288