Stock Market Prediction for 16th June 2008

Market may open up. Market would be volatile & show significant ups and up. Market may down between 11.00 and 11.22. Market may steady or up side between 13.17 and 13.42. Market may close at up to previous closing.



SHARE YOUR THOUGHTS! LEAVE A COMMENTS

Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
RPL - Reliance Petroleum Limited
DIVISLAB - Divi's Laboratories Limited
DRREDDY - Dr. Reddy's Laboratories Ltd.
CHAMBLFERT - Chambal Fertilizers & Chemicals Ltd
SUZLON - Suzlon Energy Limited
RPOWER - Reliance Power Limited

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 13th June 2008 - The BSE Sensex closed at 15,189 (down 60.58 points) while the NSE Nifty closed at 4,517 (down 22.25 points).

Opening Bell Call
Sell
JPASSOCIAT - Jaiprakash Associates Limited
JSWSTEEL - JSW Steel Limited
NDTV - New Delhi Television Limited
RNRL - Reliance Natural Resources Limited
STER - Sterlite Industries ( India ) Limited
DLF - DLF Limited

Technical Analysis for 16th June 2008

BSE-SENSEX - Major Support - 15162, 15103, 15061, 15018, 14917, 14816, 14715
BSE-SENSEX - Major Resistance - 15220, 15263, 15305, 15364, 15422, 15523, 15624

NSE-NIFTY - Major Support - 4504, 4484, 4468, 4451, 4415, 4379, 4343, 4307
NSE-NIFTY - Major Resistance - 4523, 4540, 4556, 4576, 4595, 4631, 4667, 4703