Stock Market Prediction for 6th August 2008

Market may open up with hugh gap. Market may up between 10.00 and 10.27. Market may steady or up side between 12.05 and 12.22. Market may close at up to previous closing.




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Opening Bell Call
Buy

RELIANCE - Reliance Industries Ltd
NTPC - NTPC Limited
RNRL - Reliance Natural Resources Limited
MARUTI - Maruti Suzuki India Limited
IFCI - IFCI Limited
IDEA - Idea Cellular Limited
CIPLA - Cipla Ltd.
HDFC - Housing Development Finance Corporation Ltd.

On 5th August 2008 - The BSE Sensex closed at 14,961 (up 383 points) while the NSE Nifty closed at 4,502 (up 107 points).

Opening Bell Call
Sell

APTECHT - Aptech Limited
DCB - Development Credit Bank Limited
SIEMENS - Siemens Ltd
BALRAMCHIN - Balrampur Chini Mills Ltd
PARSVNATH - Parsvnath Developers Limited
NAGARCONST - Nagarjuna Construction Co. Ltd

Technical Analysis for 6th August 2008

BSE-SENSEX - Major Support - 14825, 14745, 14664, 14516, 14368, 14139, 13911, 13682
BSE-SENSEX - Major Resistance - 14973, 15121, 15202, 15282, 15510, 15739, 15967, 16196

NSE-NIFTY - Major Support - 4464, 4439, 4413, 4369, 4325, 4255, 4186, 4116
NSE-NIFTY - Major Resistance - 4508, 4552, 4578, 4603, 4672, 4742, 4811, 4881