Stock Market Prediction for 5th June 2008

Market may open down with hugh gap. Market would be volatile & show significant ups and down. Market may down between 09.55 and 10.18. Market may steady or down side between 12.08 and 12.27. 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

Once again Stock Market Prediction had predicted Stock Market will down beween 27th May 2008 and 20th June 2008 on 5th May 2008 in Post "Astro Alert - BSE Sensex and NSE will down by 5% to 15% during June 2008".

When will Stock Market Recover ?
Indian Stock markets - The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) may stabilize after 20th June 2008 because of Sun will enter in Gemini sign. As per Stock Market Prediction - Indian Stock Market start recovering after 22nd June 2008.

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
UNITECH - Unitech Ltd
ABB - ABB Limited
ESSAROIL - Essar Oil Limited
RPL - Reliance Petroleum Limited
SBIN - State Bank of India

Technical Analysis for 5th June 2008

BSE-SENSEX - Major Support - 15478, 15306, 15203, 15099, 14824, 14549
BSE-SENSEX - Major Resistance - 15649, 15753, 15856, 16028, 16199, 16474

NSE-NIFTY - Major Support - 4574, 4522, 4491, 4459, 4376, 4292, 4209
NSE-NIFTY - Major Resistance - 4626, 4658, 4689, 4741, 4793, 4877, 4960