Stock Market Prediction for 29th August 2008

Market may open up. Market may up between 10.10 and 10.32 Market may steady or up side between 12.07 and 12.26. Market may close at up to previous closing.




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Opening Bell Call
Buy

LT -Larsen & Toubro Limited
RELCAPITAL - Reliance Capital Limited
IDFC - Infrastructure Development Finance Company Limited
GMRINFRA - GMR Infrastructure Limited
IFCI - IFCI Limited
RNRL - Reliance Natural Resources Limited


On 28th August 2008 - The BSE Sensex closed at 14,048 (down 248 points) while the NSE Nifty closed at 4,214 (down 78 points).

Opening Bell Call
Sell

INFOSYSTCH - Infosys Technologies Ltd.
BAJAJ-AUTO - Bajaj Auto Limited
DISHTV - Dish TV India Limited
BANKBARODA - Bank of Baroda
TATASTEEL - Tata Steel Limited

Technical Analysis for 29th August 2008

BSE-SENSEX - Major Support - 14132, 14025, 13917, 13852, 13787, 13614, 13442
BSE-SENSEX - Major Resistance - 14197, 14262, 14370, 14477, 14649, 14822, 14994

NSE-NIFTY - Major Support - 4239, 4207, 4175, 4156, 4136, 4085, 4033, 3982
NSE-NIFTY - Major Resistance - 4259, 4278, 4310, 4342, 4394, 4445, 4497, 4548

New Astro Alert