Stock Market Prediction for 7th August 2008

Market may open up. Market may up between 10.34 and 10.54. Market may steady or up side between 11.45 and 12.07. Market may close at down to previous closing.




SHARE YOUR THOUGHTS! LEAVE A COMMENTS


Opening Bell Call
Buy

AXISBANK - Axis Bank Limited
DLF - DLF Limited
NIITTECH - NIIT Technologies Limited
ELECON - Elecon Engineering Co Ltd
IFCI - IFCI Limited
RNRL - Reliance Natural Resources Limited

On 6th August 2008 - The BSE Sensex closed at 15,073 (up 112 points) while the NSE Nifty closed at 4,517 (up 14 points).

Opening Bell Call
Sell

NDTV - New Delhi Television Limited
I-FLEX - I-Flex Solutions Limited
NAGARCONST - Nagarjuna Construction Co. Ltd
PRAJIND - Praj Industries Ltd
ROLTA - Rolta India Ltd.
RELINFRA - Reliance Infrastructure Limited

Technical Analysis for 7th August 2008

BSE-SENSEX - Major Support - 15176, 15054, 14931, 14860, 14789, 14596, 14402, 14209
BSE-SENSEX - Major Resistance - 15247, 15318, 15441, 15563, 15757, 15950, 16144

NSE-NIFTY - Major Support - 4545, 4510, 4475, 4454, 4433, 4377, 4321, 4265
NSE-NIFTY - Major Resistance - 4566, 4587, 4622, 4687, 4622, 4657, 4713, 4769