Stock Market Prediction for 12th September 2008

Market may open up. Market may up between 09.57 and 10.15 Market may steady or up side between 12.10 and 12.30. Market may close at up to previous closing.




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Opening Bell Call
Buy

RENUKA - Shree Renuka Sugars Limited
ORIENTBANK - Oriental Bank of Commerce
APOLLOTYRE - Apollo Tyres Ltd
BPCL - Bharat Petroleum Corpn. Ltd
EIHOTEL - EIH Limited

On 11th September 2008 - The BSE Sensex closed at 14,324 (down 338 points) while the NSE Nifty closed at 4,290 (down 109 points).

Opening Bell Call
Sell

AKRUTI - Akruti City Limited
DLF - DLF Limited
GLENMARK - Glenmark Pharmaceuticals Ltd.
IBREALEST - Indiabulls Real Estate Limited
NTPC - NTPC Limited

Technical Analysis for 12th September 2008

BSE-SENSEX - Major Support - 14382, 14294, 14207, 14148, 14090, 13944, 13798
BSE-SENSEX - Major Resistance - 14440, 14499, 14586, 14674, 14820, 14966, 15112

NSE-NIFTY - Major Support - 4321, 4282, 4243, 4219, 4196, 4133, 4071, 4008
NSE-NIFTY - Major Resistance - 4344, 4368, 4407, 4446, 4508, 4571, 4633, 4696