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Wednesday, August 20, 2008

Stock Market Prediction for 21st August 2008


Market may open up. Market may up between 10.55 and 11.22 Market may steady or up side between 13.30 and 13.55. Market may close at up to previous closing.




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Opening Bell Call
Buy

ABB - ABB Limited
IVRCLINFRA - IVRCL Infrastructures & Projects Ltd.
NAGARFERT - Nagarjuna Fertilizer & Chemicals Ltd.
NEYVELILIG - Neyveli Lignite Corporation Limited
PUNJLLOYD - Punj Lloyd Limited
CHAMBLFERT - Chambal Fertilizers & Chemicals Ltd

On 20th August 2008 - The BSE Sensex closed at 14,678 (up 134 points) while the NSE Nifty closed at 4,415 (up 47 points).

Opening Bell Call
Sell

RENUKA - Shree Renuka Sugars Limited
TRIVENI - Triveni Engineering & Industries Limited
MRPL - Mangalore Refinery and Petrochemicals Ltd.
HDIL - Housing Development and Infrastructure Limited
INDIABULLS - Indiabulls Financial Services Limited

Technical Analysis for 21st August 2008

BSE-SENSEX - Major Support - 14669, 14631, 14592, 14550, 14507, 14426, 14345, 14264
BSE-SENSEX - Major Resistance - 14712, 14754, 14793, 14831, 14912, 14993, 15074

NSE-NIFTY - Major Support - 4404, 4390, 4375, 4355, 4335, 4301, 4266
NSE-NIFTY - Major Resistance - 4424, 4444, 4459, 4473, 4508, 4542, 4577


1 comment:

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