Stock Market Prediction for 19th June 2008

Market may open down. Market would be volatile & show significant ups and up. Market may down between 10.01 and 10.22. Market may steady or down side between 12.15 and 12.29. Market may close at down to previous closing.



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Opening Bell Call
Buy
HDFC - Housing Development Finance Corporation Ltd.
CHAMBLFERT - Chambal Fertilizers & Chemicals Ltd
BALRAMCHIN - Balrampur Chini Mills Ltd
BAJAJHIND - Bajaj Hindusthan Ltd
GRASIM - Grasim Industries 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 18th June 2008 - The BSE Sensex closed at 15,422 (down 275 points) while the NSE Nifty closed at 4,582 (down 71 points). The rupee was trading at 42.89 to the dollar.

Opening Bell Call
Sell
DLF - DLF Limited
DRREDDY - Dr. Reddy's Laboratories Ltd.
IDFC - Infrastructure Development Finance Company Limited
RPOWER - Reliance Power Limited
IFCI - IFCI Limited

Technical Analysis for 19th June 2008

BSE-SENSEX - Major Support - 15406, 15278, 15206, 15134, 14935, 14735
BSE-SENSEX - Major Resistance - 15533, 15605, 15677, 15805, 15932, 16132

NSE-NIFTY - Major Support - 4575, 4541, 4520, 4500, 4445, 4390, 4335
NSE-NIFTY - Major Resistance - 4610, 4630, 4651, 4685, 4720, 4775, 4830