Stock Market Prediction for 2nd June 2008

Market may open up. Market would be volatile & show significant ups and down. Market may up between 11.15 and 11.25. Market may steady or up side between 12.00 and 12.20. Market may close at up to previous closing.



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Opening Bell Call
Buy
RCOM - Reliance Communications Limited
ABB - ABB Limited
JINDALSTEL - Jindal Steel & Power Ltd.
INFOSYSTCH - Infosys Technologies Ltd.
IFCI - IFCI Limited
DIVISLAB - Divi's Laboratories Limited

Opening Bell Call
Sell
APTECHT - Aptech Limited
PARSVNATH - Parsvnath Developers Limited
HDIL - Housing Development and Infrastructure Limited
JAICORPLTD - Jai Corp Limited
APIL - Alstom Projects India Limited

Technical Analysis for 2nd June 2008

BSE-SENSEX - Major Support - 16364, 16306, 16251, 16197, 16084, 15971
BSE-SENSEX - Major Resistance - 16423, 16477, 16532, 16590, 16649, 16762

NSE-NIFTY - Major Support - 4851, 4832, 4814, 4795, 4757, 4720, 4682
NSE-NIFTY - Major Resistance - 4870, 4889, 4907, 4826, 4945, 4982, 5020