Stock Market Prediction for 18th June 2008

Market may open down. Market would be volatile & show significant ups and up. Market may up between 10.50 and 11.15. Market may steady or up side between 13.09 and 13.29. Market may close at up to previous closing.



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Opening Bell Call
Buy
RELCAPITAL - Reliance Capital Limited
HDFC - Housing Development Finance Corporation Ltd.
INFOSYSTCH - Infosys Technologies Ltd.
LT - Larsen & Toubro Limited
ONGC - Oil & Natural Gas Corpn Ltd
UNITECH - Unitech Ltd

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 17th June 2008 - The BSE Sensex closed at 15,696.90 (up 301.08 points) while the NSE Nifty closed at 4,653.00 (up 80.50 points).

Opening Bell Call
Sell
SIEMENS - Siemens Ltd
TCS - Tata Consultancy Services Limited
WIPRO - Wipro Ltd
CORPBANK - Corporation Bank
IFCI - IFCI Limited

Technical Analysis for 18th June 2008

BSE-SENSEX - Major Support - 15595, 15527, 15458, 15340, 15221, 15034, 14847
BSE-SENSEX - Major Resistance - 15714, 15832, 15901, 15969, 16156, 16343, 16530

NSE-NIFTY - Major Support - 4626, 4607, 4588, 4555, 4523, 4471, 4420, 4368
NSE-NIFTY - Major Resistance - 4658, 4691, 4710, 4729, 4780, 4832, 4780, 4832, 4883