Market may open down. Market would be volatile & show significant ups and down. Market may down between 10.00 and 10.20. Market may steady or down side between 11.00 and 11.20. Market may close at down to previous closing.
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Opening Bell Call
Buy
Exit All Long Term Positions
Once again Stock Market Prediction had predicted Stock Market will down beween 27th May 2008 and 20th June 2008 on 5th May 2008 in Post "Astro Alert - BSE Sensex and NSE will down by 5% to 15% during June 2008".
When will Stock Market Recover ?
Indian Stock markets - The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) may stabilize after 20th June 2008 because of Sun will enter in Gemini sign. As per Stock Market Prediction - Indian Stock Market start recovering after 22nd June 2008.
Black Monday - The BSE Sensex closed at 15,066 (down 506 points) while the NSE Nifty closed at 4,501 (down 127 points) on 9th June 2008. The rupee was trading at 42.89 to the dollar. The record high crude prices, weak global markets and high inflation led to a chaos on the bourses with Sensex shedding more than 500 points. At the end of the session, markets recovered from intra-day lows to end at 15,066.
Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
CIPLA - Cipla Ltd.
HCLTECH - HCL Technologies Ltd
HINDUNILVR - Hindustan Unilever Limited
INDIACEM - The India Cements Limited
ONGC - Oil & Natural Gas Corpn Ltd
DLF - DLF Limited
Technical Analysis for 10th June 2008
BSE-SENSEX - Major Support - 15038, 14956, 14874, 14778, 14682, 14504, 14326
BSE-SENSEX - Major Resistance - 15134, 15230, 15312, 15394, 15572, 15750, 15928
NSE-NIFTY - Major Support - 4455, 4398, 4348, 4297, 4189, 4082, 3974
NSE-NIFTY - Major Resistance - 4512, 4563, 4613, 4670, 4727, 4834, 4942
Monday, June 9, 2008
Stock Market Prediction for 10th June 2008
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