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Sunday, June 8, 2008

Stock Market Prediction for 9th June 2008


Market may open down with hugh gap. Market would be volatile & show significant ups and down. Market may down between 09.56 and 10.20. Market may steady or down side between 11.30 and 11.45. Market may close at down to previous closing.



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Opening Bell Call

Buy

Do not buy anything

Sensex and Nifty both open with over 10% cut and hit the lower circuit and the trading may stop on 9th June 2008 trading session, so be careful.

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
RPL - Reliance Petroleum Limited
JPASSOCIAT - Jaiprakash Associates Limited
RPOWER - Reliance Power Limited
ABB - ABB Limited
NEYVELILIG - Neyveli Lignite Corporation Limited
SBIN - State Bank of India
RNRL - Reliance Natural Resources Limited

Technical Analysis for 9th June 2008

BSE-SENSEX - Major Support - 15549, 15408, 15327, 15245, 15023, 14801, 14579
BSE-SENSEX - Major Resistance - 15689, 15993, 16133, 16355, 16577, 16799, 17021

NSE-NIFTY - Major Support - 4620, 4578, 4554, 4530, 4464, 4398, 4332, 4266
NSE-NIFTY - Major Resistance - 4662, 4686, 4710, 4752, 4794, 4860, 4926

1 comment:

  1. Dear Visitors, This blog is really nice and informative. We are pleased to know this blog is really helping people. Its our pleasure to post informative content on this useful blog created by webmaster. Currently something is cooking in the Indian stock market, We know it but unfortunately we cant disclose the reason so openly. We strongly suggest everyone not to take any long position at these levels. We will see Pullback in the market very soon but that will be a fake one so don’t consider pullback as opportunity to go Long in market( Delivery based). As after that initial pullback we can see fall once again. As mentioned cant disclose it still giving minor hint see call and put section and think why you are not able to access few options and check December part and think who are the people behind it?? We suggest wait for falls to take delivery till then prefer only intraday else you will find yourself out of BSE and NSE one fine day. For any query feel free to contact us. Regards SHARETIPSINFO TEAM +91- 9891655316 +91- 9899056796 +91 - 9891890425

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