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Wednesday, June 25, 2008

Stock Market Prediction for 26th June 2008


Market may open up. Market would be volatile & show significant ups and down. Market may up between 11.25 and 11.45. Market may steady or up side between 12.18 and 12.40. Market may close at down to previous closing.



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Opening Bell Call

Buy

RELIANCE - Reliance Industries Ltd
RELCAPITAL - Reliance Capital Limited
INFOSYSTCH - Infosys Technologies Ltd.
LT - Larsen & Toubro Limited
LUPIN - Lupin Limited
RPL - Reliance Petroleum Limited


On 25th June 2008 - The BSE Sensex closed at 14,220.07 (up 113.49 points) while the NSE Nifty closed at 4,252.65 (up 61.50 points).

Opening Bell Call
Sell
HDFCBANK - HDFC Bank Ltd
CAIRN - Cairn India Limited
IDEA - Idea Cellular Limited
PNB - Punjab National Bank
RCOM - Reliance Communications Limited
IFCI - IFCI Limited
RNRL - Reliance Natural Resources Limited

Technical Analysis for 26th May 2008

BSE-SENSEX - Major Support - 14067, 13978, 13888, 13722, 13556, 13301, 13045
BSE-SENSEX - Major Resistance - 14233, 14399, 14489, 14578, 14834, 15089, 15345

NSE-NIFTY - Major Support - 4203, 4172, 4142, 4087, 4032, 3946, 3861, 3775
NSE-NIFTY - Major Resistance - 4258, 4313, 4343, 4374, 4459, 4545, 4459

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