Stock Market Prediction for 20th August 2008

Market may open down. Market may up between 11.09 and 11.32 Market may steady or up side between 12.01 and 12.27. Market may close at down to previous closing.




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Opening Bell Call
Buy

SUNPHARMA - Sun Pharmaceuticals Industries Ltd
HINDUNILVR - Hindustan Unilever Limited
POLARIS - Polaris Software Lab Limited
ROLTA - Rolta India Ltd.
TANLA - Tanla Solutions Limited

On 19th August 2008 - The BSE Sensex closed at 14,543 (down 101 points) while the NSE Nifty closed at 4,368 (down 24 points).

Opening Bell Call
Sell

TATASTEEL - Tata Steel Limited
ABIRLANUVO - Aditya Birla Nuvo Limited
TECHM - Tech Mahindra Limited
RCOM - Reliance Communications Limited
RPL - Reliance Petroleum Limited

Technical Analysis for 20th August 2008

BSE-SENSEX - Major Support - 14505, 14455, 14406, 14337, 14269, 14151, 14033, 13915
BSE-SENSEX - Major Resistance - 14573, 14642, 14691, 14741, 14859, 14977, 15095, 15213

NSE-NIFTY - Major Support - 4359, 4342, 4303, 4382, 4243, 4205, 4166
NSE-NIFTY - Major Resistance - 4380, 4402, 4419, 4436, 4474, 4513, 4551