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Thursday, August 7, 2008

Stock Market Prediction for 8th August 2008


Market may open down. Market may up between 11.29 and 11.55. Market may steady or up side between 12.19 and 12.47. Market may close at down to previous closing.




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Opening Bell Call
Buy

EDUCOMP - Educomp Solutions Limited
BALRAMCHIN - Balrampur Chini Mills Ltd
CAIRN - Cairn India Limited
BHARTIARTL - Bharti Airtel Limited
CENTURYTEX - Century Textiles & Industries Ltd


On 7th August 2008 - The BSE Sensex closed at 15,117 (up 43 points) while the NSE Nifty closed at 4,523 (up 6 points).

Opening Bell Call
Sell

DRREDDY - Dr. Reddy's Laboratories Ltd.
IDFC - Infrastructure Development Finance Company Limited
CROMPGREAV - Crompton Greaves Ltd
ZEEL - Zee Entertainment Enterprises Ltd
MLL - Mercator Lines Limited

Technical Analysis for 8th August 2008

BSE-SENSEX - Major Support - 15129, 15054, 14979, 14910, 14841, 14697, 14553, 14409
BSE-SENSEX -
Major Resistance - 15198, 15267, 15342, 15417, 15561, 15705, 15849, 15993

NSE-NIFTY -
Major Support - 4532, 4508, 4484, 4464, 4445, 4401, 4358, 4314
NSE-NIFTY -
Major Resistance - 4551, 4571, 4595, 4619, 4662, 4706, 4749, 4793


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