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Monday, June 30, 2008

Stock Market Prediction for 1st July 2008


Market may open up. Market would be volatile & show significant ups and down. Market may down between 10.42 and 10.59. Market may steady or down side between 11.37 and 11.55. Market may close at down to previous closing.



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Opening Bell Call

Buy

Do not buy anything

Exit All Long Term Positions

Dear Investor Market will recover after 7th July 2008, ENJOY !!!!!!!! ENJOY !!!!!!!! ENJOY !!!!!!!!

On 30th June 2008 - The BSE Sensex closed at 13,461.60 (down 340.62 points) while the NSE Nifty closed at 4,040.55 (down 96.10 points).

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
IFCI - IFCI Limited
RNRL - Reliance Natural Resources Limited
HDFCBANK - HDFC Bank Ltd
RELCAPITAL - Reliance Capital Limited
CAIRN - Cairn India Limited
DLF - DLF Limited
RPOWER - Reliance Power Limited

Technical Analysis for 30th June 2008

BSE-SENSEX - Major Support - 13433, 13286, 13199, 13112, 12878, 12645, 12411
BSE-SENSEX -
Major Resistance - 13579, 13666, 13753, 13900, 14046, 14279, 14513

NSE-NIFTY -
Major Support - 4030, 3986, 3959, 3932, 3861, 3790, 3719
NSE-NIFTY -
Major Resistance - 4047, 4101, 4128, 4172, 4216, 4287, 4358

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