Stock Market Prediction for 24th September 2008

Market may open down. Market may up between 12.09 and 12.27 Market may steady or up side between 13.55 and 14.22. Market may close at down to previous closing.




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Opening Bell Call
Buy

CIPLA - Cipla Ltd
IDEA - Idea Cellular Limited
ONGC - Oil & Natural Gas Corpn Ltd
TATAPOWER - Tata Power Co. Ltd.
BALRAMCHIN - Balrampur Chini Mills Ltd

On 23rd September 2008 - The BSE Sensex closed at 13,570 (down 424 points) while the NSE Nifty closed at 4,4126 (down 96 points).

Opening Bell Call
Sell

AXISBANK - Axis Bank Limited
BANKINDIA - Bank of India
ABIRLANUVO - Aditya Birla Nuvo Limited
HDFC - Housing Development Finance Corporation Ltd.
IDBI - IDBI Bank Limited

Technical Analysis for 24th September 2008

BSE-SENSEX - Major Support - 13697, 13556, 13416, 13339, 13263, 13044, 12827
BSE-SENSEX - Major Resistance - 13774, 13851, 13991, 14132, 14349, 14567, 14784

NSE-NIFTY - Major Support - 4155, 4121, 4087, 4068, 4048, 3995, 3941, 3888
NSE-NIFTY - Major Resistance - 4175, 4194, 4228, 4262, 4316, 4369, 4423, 4476