Stock Market Prediction for 6th May 2008

Market may open down. Market would be volatile & show significant ups and down. Market may up between 11.00 and 11.25. Market may steady or up side between 12.25 and 12.45. Market may close at down to previous closing.


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Opening Bell Call
Buy
DLF - DLF Limited
RPL - Reliance Petroleum Limited
CANBK - CANARA BANK
JINDALSTEL - Jindal Steel & Power Ltd.
LIQUIDBEES - Benchmark Asset Management Company Private Limited
NTPC - NTPC Limited
ISPATIND - Ispat Industries Limited
BALLARPUR - Ballarpur Industries Limited

Opening Bell Call
Sell
INDIANB - Indian Bank
RPOWER - Reliance Power Limited
RNRL - Reliance Natural Resources Limited
I-FLEX - I-Flex Solutions Limited
WHEELS - Wheels India Ltd


Technical Analysis for 6th May 2008

BSE-SENSEX - Major Support - 17473, 17386, 17334, 17282, 17143, 17004, 16865
BSE-SENSEX - Major Resistance - 17560, 17612, 17664, 17751, 17838, 17977, 18116

NSE-NIFTY - Major Support - 5187, 5164, 5151, 5137, 5101, 5065, 5029
NSE-NIFTY - Major Resistance - 5209, 5223, 5236, 5259, 5281, 5317, 5353, 5389