Stock Market Prediction for 22nd May 2008

Market may open down with hugh gap. Market would be volatile & show significant ups and down. Market may down between 12.00 and12.28. Market may steady or down side between 13.00 and 13.22. Market may close at down to previous closing.



SHARE YOUR THOUGHTS! LEAVE A COMMENTS

Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
GMRINFRA - GMR Infrastructure Limited
BPCL - Bharat Petroleum Corpn. Ltd
IFCI - IFCI Limited
RANBAXY - Ranbaxy Laboratories Ltd
INFOSYSTCH - Infosys Technologies Ltd.
RELCAPITAL - Reliance Capital Limited


Opening Bell Call
Sell
NTPC - NTPC Limited
WIPRO - Wipro Ltd
HDFC - Housing Development Finance Corporation Ltd.
SESAGOA - Sesa Goa Ltd.
AMBUJACEM - Ambuja Cements Ltd

Technical Analysis for 22nd May 2008

BSE-SENSEX - Major Support - 17192, 17142, 17091, 17016, 16940, 16814, 16688
BSE-SENSEX - Major Resistance - 17268, 17343, 17394, 17444, 17570, 17696

NSE-NIFTY - Major Support - 5100, 5082, 5065, 5039, 5013, 4969, 4926, 4882
NSE-NIFTY - Major Resistance - 5126, 5152, 5169, 5187, 5230, 5274, 5317