Stock Market Prediction for 25th July 2008

Market may open down with hugh gap. Market would be volatile & show significant ups and down. Market may up between 10.45 and 11.06. Market may steady or up side between 12.49 and 13.08. Market may close at down to previous closing.



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Opening Bell Call
Buy

WIPRO - Wipro Ltd
GUJNRECOKE - Gujarat NRE Coke Ltd.
MTNL - Mahanagar Telephone Nigam Ltd.
MRPL - Mangalore Refinery and Petrochemicals Ltd.
RNRL - Reliance Natural Resources Limited
NTPC - NTPC Limited
IFCI - IFCI Limited
UNITECH - Unitech Ltd


On 24th July 2008 - The BSE Sensex closed at 14,942.28 (up 838 points) while the NSE Nifty closed at 4,476.80 (up 236 points).

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
BAJAJHIND - Bajaj Hindusthan Ltd
CHENNPETRO - Chennai Petroleum Corporation Limited
RAJESHEXPO - Rajesh Exports Ltd.
STER - Sterlite Industries ( India ) Limited
TATAPOWER - Tata Power Co. Ltd.
RPL - Reliance Petroleum Limited


Technical Analysis for 25th July 2008

BSE-SENSEX - Major Support - 14838, 14692, 14547, 14432, 14317, 14056, 13796
BSE-SENSEX - Major Resistance - 14953, 15068, 15213, 15359, 15619, 15880, 16140

NSE-NIFTY - Major Support - 4409, 4365, 4332, 4298, 4221, 4144, 4067, 3990
NSE-NIFTY - Major Resistance - 4452, 4486, 4519, 4563, 4606, 4683, 4760, 4837