Stock Market Prediction for 1st August 2008

Market may open Down . Market may up between 11.00 and 11.24. Market may steady or up side between 12.13 and 12.31. Market may close at Down to previous closing.




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Opening Bell Call
Buy

Do not buy anything

On 31st July 2008 - The BSE Sensex closed at 14,356 (Up 69 points) while the NSE Nifty closed at 4,333 (Up 19 points).

Opening Bell Call
Sell

RELIANCE - Reliance Industries Ltd
RELCAPITAL - Reliance Capital Limited
ORCHIDCHEM - Orchid Chemicals & Pharmaceuticals Ltd
ASIANHOTEL - Asian Hotels Ltd
RAJRAYON - Raj Rayon Limited
RECLTD - Rural Electrification Corporation Limited


Technical Analysis for 1st August 2008

BSE-SENSEX - Major Support - 14203, 14144, 14085, 13984, 13883, 13723, 13563
BSE-SENSEX - Major Resistance - 14304, 14405, 14464, 14523, 14683, 14843, 15003

NSE-NIFTY - Major Support - 4277, 4252, 4227, 4184, 4141, 4073, 4005, 3937
NSE-NIFTY - Major Resistance - 4320, 4363, 4388, 4413, 4481, 4549, 4617, 4685