Stock Market Prediction for 20th June 2008

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

Do not buy anything

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 19th June 2008 - The BSE Sensex closed at 15,087.99 (down 334.32 points) while the NSE Nifty closed at 4,504.25 (down 78.1 points).

Opening Bell Call
Sell
ADLABSFILM - Adlabs Films Limited
BPCL - Bharat Petroleum Corpn. Ltd
DIVISLAB - Divi's Laboratories Limited
HDFCBANK - HDFC Bank Ltd
ICICIBANK - ICICI Bank Ltd
BHARTIARTL - Bharti Airtel Limited
BHEL - Bharat Heavy Electricals Ltd

Technical Analysis for 20th June 2008

NSE-NIFTY - Major Support - 4496, 4466, 4447, 4428, 4380, 4331, 4283
NSE-NIFTY - Major Resistance - 4525, 4544, 4563, 4593, 4622, 4671, 4719