Stock Market Prediction for 25th August 2008

Market may open up. Market may up between 10.00 and 10.20 Market may steady or up side between 11.17 and 11.37. Market may close at up to previous closing.




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Opening Bell Call
Buy

RELIANCE - Reliance Industries Ltd
RPL - Reliance Petroleum Limited
IFCI - IFCI Limited
RNRL - Reliance Natural Resources Limited
NEYVELILIG - Neyveli Lignite Corporation Limited

On 22nd August 2008 - The BSE Sensex closed at 14,401 (up 157 points) while the NSE Nifty closed at 4,327 (up 43 points).

Opening Bell Call
Sell

INFOSYSTCH - Infosys Technologies Ltd.
CHAMBLFERT - Chambal Fertilizers & Chemicals Ltd
INDIABULLS - Indiabulls Financial Services Limited
RCOM - Reliance Communications Limited
DENABANK - Dena Bank

Technical Analysis for 25th August 2008

BSE-SENSEX - Major Support - 14321, 14268, 14215, 14122, 14029, 13883, 13737, 13591
BSE-SENSEX - Major Resistance - 14414, 14507, 14560, 14613, 14759, 14905, 15051, 15197

NSE-NIFTY - Major Support - 4304, 4287, 4271, 4243, 4215, 4170, 4126, 4081
NSE-NIFTY - Major Resistance - 4332, 4360, 4376, 4393, 4437, 4482, 4526, 4571