Stock Market Prediction for 2nd May 2008

Market may open up with hugh gap. Market would be volatile & show significant ups and down. Market may up between 10.00 and 10.23. Market may steady or up side between 12.12 and 12.33. Market may close at up to previous closing.

PostOnly again Stock Market Prediction had predicted volatility and uncertainty in Market on 31st March 2008 in post Astro Alert - Volatility and Uncertainty in Stock Market

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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
TCS - Tata Consultancy Services Limited
GDL - Gateway Distriparks Limited
PATNI - Patni Computer Systems Limited
GLENMARK - Glenmark Pharmaceuticals Ltd.
LT - Larsen & Toubro Limited
SATYAMCOMP - Satyam Computer Services Ltd

Opening Bell Call
Sell
CAIRN - Cairn India Limited
BAJAJHIND - Bajaj Hindusthan Ltd
CIPLA - Cipla Ltd.
GRASIM - Grasim Industries Ltd.
GTOFFSHORE - Great Offshore Limited
NAGARFERT - Nagarjuna Fertiliser & Chemicals Ltd.

Technical Analysis for 2nd May 2008

BSE-SENSEX - Major Support - 17264, 17192, 17144, 17097, 16977, 16858
BSE-SENSEX - Major Resistance - 17366, 17383, 17431, 17503, 17575, 17694

NSE-NIFTY - Major Support - 5160, 5136, 5122, 5108, 5070, 5033
NSE-NIFTY - Major Resistance - 5183, 5197, 5211, 5235, 5258, 5295, 5333, 5370