Stock Market Prediction for 30th May 2008

Market may open up. Market would be volatile & show significant ups and down. Market may up between 11.22 and 11.45. Market may steady or up side between 13.20 and 13.40. Market may close at up to previous closing.



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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
DIVISLAB - Divi's Laboratories Limited
LT - Larsen & Toubro Limited
IFCI - IFCI Limited
RPL - Reliance Petroleum Limited

Opening Bell Call
Sell
PFC - Power Finance Corporation Limited
JPHYDRO - Jaiprakash Hydro-Power Limited
AXISBANK - Axis Bank Limited
BALRAMCHIN - Balrampur Chini Mills Ltd
KOTAKBANK - Kotak Mahindra Bank Limited
PATNI - Patni Computer Systems Limited

Technical Analysis for 30th May 2008

BSE-SENSEX - Major Support - 16256, 16119, 16021, 15922, 15687, 15452
BSE-SENSEX - Major Resistance - 16392, 16491, 16589, 16726, 16862, 17097

NSE-NIFTY - Major Support - 4818, 4771, 4740, 4708, 4630, 4552, 4474
NSE-NIFTY - Major Resistance - 4864, 4896, 4827, 4974, 5020, 5098, 5176