Stock Market Prediction for 6th June 2008

Market may open up with hugh gap. Market would be volatile & show significant ups and down. Market may up between 09.57 and 10.15. Market may steady or down side between 11.35 and 11.47. Market may close at up to previous closing.



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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
DRREDDY - Dr. Reddy's Laboratories Ltd.
IFCI - IFCI Limited
DIVISLAB - Divi's Laboratories Limited
RPL - Reliance Petroleum Limited
CHAMBLFERT - Chambal Fertilizers & Chemicals Ltd
RNRL - Reliance Natural Resources Limited

Opening Bell Call
Sell
JPASSOCIAT - Jaiprakash Associates Limited
RPOWER - Reliance Power Limited
UNITECH - Unitech Ltd
NEYVELILIG - Neyveli Lignite Corporation Limited
SBIN - State Bank of India

Technical Analysis for 6th June 2008

BSE-SENSEX - Major Support - 15632, 15541, 15450, 15291, 15132, 14882, 14632
BSE-SENSEX - Major Resistance - 15791, 15950, 16041, 16132, 16382, 16632

NSE-NIFTY - Major Support - 4634, 4606, 4578, 4529, 4480, 4403, 4326
NSE-NIFTY - Major Resistance - 4683, 4732, 4760, 4788, 4865, 4942, 5019