Stock Market Prediction for 18th September 2008

Market may open down. Market may down between 09.58 and 10.14 Market may steady or up side between 12.27 and 12.55. Market may close at down to previous closing.




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Opening Bell Call
Buy

ACC - ACC Limited
SBIN - State Bank of India
KSK - KSK Energy Ventures Limited
INFOSYSTCH - Infosys Technologies Ltd.
GOLDBEES - Benchmark Mutual Fund - Gold Benchmark Exchange Traded Scheme

On 17th September 2008 - The BSE Sensex closed at 13,262 (down 255 points) while the NSE Nifty closed at 4,008 (down 66 points).

Opening Bell Call
Sell

BAJAJHIND - Bajaj Hindusthan Ltd
HEROHONDA - Hero Honda Motors Ltd.
RELIANCE - Reliance Industries Ltd
TATACHEM - Tata Chemicals Ltd.
GAIL - GAIL (India) Limited

Technical Analysis for 18th September 2008

BSE-SENSEX - Major Support - 13336, 13194, 13052, 12948, 12843, 12596, 12350
BSE-SENSEX - Major Resistance - 13441, 13545, 13687, 13829, 14075, 14322, 14568

NSE-NIFTY - Major Support - 4032, 3991, 3949, 3920, 3890, 3819, 3748, 3677
NSE-NIFTY - Major Resistance - 4062, 4091, 4133, 4174, 4245, 4316, 4387, 4458