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Sunday, June 29, 2008

Stock Market Prediction for 30th June 2008


Market may open down. Market would be volatile & show significant ups and up. Market may down between 10.32 and 10.52. Market may steady or down side between 12.55 and 13.22. 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

Dear Investor Market will recover after 7th July 2008, ENJOY !!!!!!!!
ENJOY !!!!!!!! ENJOY !!!!!!!!

On 26th June 2008 - The BSE Sensex closed at 13,802.22 (down 619.60 points) while the NSE Nifty closed at 4,136.65 (down 179.20 points).

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
RPL - Reliance Petroleum Limited
TATASTEEL - Tata Steel Limited
NEYVELILIG - Neyveli Lignite Corporation Limited
GRASIM - Grasim Industries Ltd.
MTNL - Mahanagar Telephone Nigam Ltd.
BANKINDIA - Bank of India
RPOWER - Reliance Power Limited


Technical Analysis for 30th June 2008

BSE-SENSEX - Major Support - 13781, 13665, 13597, 13529, 13345, 13162, 12978
BSE-SENSEX - Major Resistance - 13896, 13964, 14032, 14148, 14263, 14446, 14630

NSE-NIFTY - Major Support - 4127, 4065, 4029, 3994, 3896, 3798, 3700
NSE-NIFTY - Major Resistance - 4190, 4225, 4261, 4323, 4386, 4484, 4582

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