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Monday, September 22, 2008

Stock Market Prediction for 22nd September 2008


Market may open down. Market may up between 11.15 and 11.33 Market may steady or up side between 13.09 and 13.39. Market may close at up to previous closing.




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Opening Bell Call
Buy

RELIANCE - Reliance Industries Ltd
HDFC - Housing Development Finance Corporation Ltd.
ABB - ABB - ABB Limited
CIPLA - Cipla Ltd
RPL - Reliance Petroleum Limited

On 21st September 2008 - The BSE Sensex closed at 13,994 (down 47 points) while the NSE Nifty closed at 4,223 (down 22 points).

Opening Bell Call
Sell

BAJAJHIND - Bajaj Hindusthan Ltd
LT -Larsen & Toubro Limited
RPOWER - Reliance Power Limited
PUNJLLOYD - Punj Lloyd Limited
BOMDYEING - Bombay Dyeing & Mfg Co. Ltd

Technical Analysis for 22nd September 2008

BSE-SENSEX - Major Support - 14042, 13955, 13869, 13806, 13744, 13595, 13446, 13297
BSE-SENSEX - Major Resistance - 14104, 14167, 14253, 14340, 14489, 14638, 14787, 14936

NSE-NIFTY - Major Support - 4242, 4212, 4182, 4162, 4141, 4091, 4040, 3990
NSE-NIFTY - Major Resistance - 4263, 4283, 4313, 4343, 4394, 4444, 4495, 4545

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