Stock Market Prediction for 28th August 2008

Market may open up. Market may up between 10.22 and 10.41 Market may steady or up side between 13.00 and 13.19. Market may close at up to previous closing.




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Opening Bell Call
Buy

RELIANCE - Reliance Industries Ltd
SUNPHARMA - Sun Pharmaceuticals Industries Ltd
PUNJLLOYD - Punj Lloyd Limited
CAIRN - Cairn India Limited
IDEA - Idea Cellular Limited
HINDUNILVR - Hindustan Unilever Limited


On 27th August 2008 - The BSE Sensex closed at 14,296 (down 185 points) while the NSE Nifty closed at 4,292 (down 45 points).

Opening Bell Call
Sell

SBIN - State Bank of India
MARUTI - Maruti Suzuki India Limited
ISPATIND - Ispat Industries Limited
SESAGOA - Sesa Goa Ltd.
RNRL - Reliance Natural Resources Limited
TATASTEEL - Tata Steel Limited

Technical Analysis for 28th August 2008

BSE-SENSEX - Major Support - 14373, 14278, 14183, 14127, 14071, 13920, 13769
BSE-SENSEX - Major Resistance - 14429, 14485, 14580, 14675, 14826, 14977, 15128

NSE-NIFTY - Major Support - 4312, 4287, 4261, 4246, 4230, 4189, 4148, 4107
NSE-NIFTY - Major Resistance - 4328, 4343, 4369, 4394, 4435, 4476, 4517, 4558

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