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Sunday, July 6, 2008

Stock Market Prediction for 7th July 2008


Market may open up. Market would be volatile & show significant ups and up. Market may up between 10.27 and 10.48. Market may steady or up side between 12.22 and 12.57. Market may close at up to previous closing.



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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
RPL - Reliance Petroleum Limited
DIVISLAB - Divi's Laboratories Limited
SUZLON - Suzlon Energy Limited
RNRL - Reliance Natural Resources Limited
IFCI - IFCI Limited
RELCAPITAL - Reliance Capital Limited


On 4th July 2008 - The BSE Sensex closed at 13,454 (Up 359.89 points) while the NSE Nifty closed at 4,016 (Up 90.25 points).

Opening Bell Call
Sell

Do not sell anything


Technical Analysis for 7th July 2008

BSE-SENSEX - Major Support - 13242, 13154, 13004, 12854, 12615, 12377
BSE-SENSEX - Major Resistance - 13331, 13481, 13631, 13719, 13808, 14046

NSE-NIFTY - Major Support - 3981, 3956, 3930, 3887, 3844, 3776, 3707, 3639
NSE-NIFTY - Major Resistance - 4024, 4067, 4093, 4118, 4187, 4255, 4187, 4255

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