Market may open down. Market would be volatile & show significant ups and down. Market may down between 09.57 and 10.10. Market may steady or down side between 12.17 and 12.32. 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.
On 11th June 2008 - The BSE Sensex closed at 15,185 (up 296 points) while the NSE Nifty closed at 4,523 (up 74 points). The rupee was trading at 42.90 to the dollar.
Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
IDFC - Infrastructure Development Finance Company Limited
NAGARFERT - Nagarjuna Fertilizer & Chemicals Ltd.
RCOM - Reliance Communications Limited
HDFC - Housing Development Finance Corporation Ltd.
ICICIBANK - ICICI Bank Ltd
SBIN - State Bank of India
RNRL - Reliance Natural Resources Limited
Technical Analysis for 12th June 2008
BSE-SENSEX - Major Support - 15139, 15097, 15054, 14989, 14923, 14815, 14707, 14599
BSE-SENSEX - Major Resistance - 15205, 15270, 15313, 15355, 15463, 15571, 15679
NSE-NIFTY - Major Support - 4510, 4495, 4480, 4459, 4437, 4401, 4364, 4328
NSE-NIFTY - Major Resistance - 4532, 4553, 4568, 4583, 4620, 4656, 4693, 4729
Wednesday, June 11, 2008
Stock Market Prediction for 12th June 2008
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