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Thursday, May 8, 2008

Stock Market Prediction for 9th May 2008


Market may open down. Market would be volatile & show significant ups and down. Market may up between 12.30 and 12.50. Market may steady or up side between 14.25 and 14.45. Market may close at down to previous closing.



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Opening Bell Call

Buy
RELIANCE - Reliance Industries Ltd
TATAPOWER - Tata Power Co. Ltd.
INFOSYSTCH - Infosys Technologies Ltd.
HCC - Hindustan Construction Co. Ltd
IFCI - IFCI Limited
BALRAMCHIN - Balrampur Chini Mills Ltd


Opening Bell Call
Sell
SBIN - State Bank of India
ADLABSFILM - Adlabs Films Limited
BANKBARODA - Bank of Baroda
ISPATIND - Ispat Industries Limited
LT - Larsen & Toubro Limited
RELCAPITAL - Reliance Capital Limited

Technical Analysis for 9th May 2008

BSE-SENSEX - Major Support - 17059, 17008, 16972, 16936, 16849, 16762, 16849
BSE-SENSEX - Major Resistance - 17110, 17146, 17182, 17233, 17284, 17371, 17458

NSE-NIFTY - Major Support - 5071, 5047, 5031, 5014, 4973, 4933, 4892
NSE-NIFTY - Major Resistance - 5095, 5112, 5128, 5152, 5176, 5216, 5257

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