Stock Market Prediction for 24th June 2008

Market may open up. Market would be volatile & show significant ups and down. Market may up between 10.30 and 10.50. Market may steady or up side between 13.35 and 13.55. Market may close at up to previous closing.



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Opening Bell Call
Buy

Do not buy anything

Exit All Long Term Positions

On 23rd June 2008 - The BSE Sensex closed at 14,293.32 (down 277.97 points) while the NSE Nifty closed at 4,266.40 (down 81.15 points).

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
RNRL - Reliance Natural Resources Limited
SUZLON - Suzlon Energy Limited
RPL - Reliance Petroleum Limited
IDFC - Infrastructure Development Finance Company Limited
NAGARFERT - Nagarjuna Fertilizer & Chemicals Ltd.
RCOM - Reliance Communications Limited
HDFC - Housing Development Finance Corporation Ltd.
ICICIBANK - ICICI Bank Ltd
SBIN - State Bank of India

Technical Analysis for 24th June 2008

BSE-SENSEX - Major Support - 14228, 14134, 14055, 13975, 13802, 13629
BSE-SENSEX - Major Resistance - 14321, 14401, 14480, 14574, 14667, 14840

NSE-NIFTY - Major Support - 4245, 4210, 4182, 4154, 4091, 4028, 3965
NSE-NIFTY - Major Resistance - 4280, 4308, 4336, 4371, 4406, 4469, 4532