Stock Market Prediction for 5th May 2008

Market may open up. Market would be volatile & show significant ups and down. Market may up between 10.25 and 10.50. Market may steady or up side between 13.48 and 14.19. Market may close at up to previous closing.


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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
RELCAPITAL - Reliance Capital Limited
SATYAMCOMP - Satyam Computer Services Ltd
RPL - Reliance Petroleum Limited
HINDPETRO - Hindustan Petroleum Corporation Ltd.
JPHYDRO - Jaiprakash Hydro-Power Limited
MRPL - Mangalore Refinery and Petrochemicals Ltd.
MARUTI - Maruti Suzuki India Limited

Opening Bell Call
Sell
ACC - ACC Limited
GMRINDS - GMR Industries Limited
UCOBANK - UCO Bank
ONMOBILE - OnMobile Global Limited
GUJNRECOKE - Gujarat NRE Coke Ltd.
ASHOKLEY - Ashok Leyland Ltd
UTVSOF - UTV Software Communications Limited


Technical Analysis for 5th May 2008

BSE-SENSEX - Major Support - 17555, 17522, 17489, 17434, 17379, 17291, 17027
BSE-SENSEX - Major Resistance - 17610, 17665, 17698, 17731, 17819, 17907, 17995

NSE-NIFTY - Major Support - 5212, 5184, 5162, 5140, 5089, 5039, 4988
NSE-NIFTY - Major Resistance - 5241, 5263, 5285, 5313, 5342, 5392, 5443