Stock Market Prediction for 26th May 2008

Market may open down with hugh gap. Market would be volatile & show significant ups and down. Market may down between 09.55 and10.17. Market may steady or down side between 11.07 and 11.20. Market may close at down to previous closing.



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Opening Bell Call
Buy

Exit All Long Term Positions


Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
JPASSOCIAT - Jaiprakash Associates Limited
HDIL - Housing Development and Infrastructure Limited
RPL - Reliance Petroleum Limited
IFCI - IFCI Limited
ICICIBANK - ICICI Bank Ltd
DIVISLAB - Divi's Laboratories Limited
SBIN - State Bank of India

Technical Analysis for 26th May 2008

BSE-SENSEX - Major Support - 16637, 16498, 16423, 16348, 16134, 15920
BSE-SENSEX - Major Resistance - 16776, 16851, 16926, 17065, 17204, 17418

NSE-NIFTY - Major Support - 4943, 4904, 4883, 4862, 4803, 4743, 4684
NSE-NIFTY - Major Resistance - 4981, 5002, 5023, 5062, 5100, 5160, 5219