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Tuesday, June 24, 2008

Stock Market Prediction for 25th June 2008


Market may open down. Market would be volatile & show significant ups and up. Market may down between 10.03 and 10.27. Market may steady or down side between 12.10 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

On 24th June 2008 - The BSE Sensex closed at 14,106.58 (down 186.74 points) while the NSE Nifty closed at 4,191.10 (down 75.30 points).

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
RNRL - Reliance Natural Resources Limited
RELCAPITAL - Reliance Capital Limited
RCOM - Reliance Communications Limited
DLF - DLF Limited
RPOWER - Reliance Power Limited
RNRL - Reliance Natural Resources Limited
IFCI - IFCI Limited

Technical Analysis for 25th June 2008

BSE-SENSEX - Major Support - 14176, 14269, 14361, 14489, 14617, 14837, 15058
BSE-SENSEX - Major Resistance - 14048, 13920, 13828, 13735, 13514, 13294

NSE-NIFTY - Major Support - 4173, 4129, 4099, 4068, 3993, 3919, 3844
NSE-NIFTY - Major Resistance - 4217, 4248, 4278, 4322, 4366, 4440, 4515

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