Stock Market Prediction for 4th July 2008

Market may open up. Market would be volatile & show significant ups and up. Market may up between 10.40 and 11.05. Market may steady or down side between 13.00 and 13.25. Market may close at up to previous closing.



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Opening Bell Call
Buy

Do not buy anything

Exit All Long Term Positions

Dear Investor Market will recover after 7th July 2008, ENJOY !!!!!!!! ENJOY !!!!!!!! ENJOY !!!!!!!!

On 3rd July 2008 - The BSE Sensex closed at 13,094.11 (down 570.51 points) while the NSE Nifty closed at 3,925.75 (down 167.60 points).

Opening Bell Call
Sell
RELCAPITAL - Reliance Capital Limited
RPOWER - Reliance Power Limited
BHARTIARTL - Bharti Airtel Limited
JAGRAN - Jagran Prakashan Limited
MRPL - Mangalore Refinery and Petrochemicals Ltd.
GUJNRECOKE - Gujarat NRE Coke Ltd.
IFCI - IFCI Limited
RNRL - Reliance Natural Resources Limited


Technical Analysis for 4th July 2008

BSE-SENSEX - Major Support - 13014, 12866, 12752, 12638, 12376, 12114, 11852
BSE-SENSEX - Major Resistance - 131642, 13276, 13390, 13538, 13686, 13948, 14210

NSE-NIFTY - Major Support - 3899, 3833, 3788, 3742, 3630, 3519, 3407
NSE-NIFTY - Major Resistance - 3965, 4011, 4056, 4122, 4188, 4299, 4411