Stock Market Prediction for 9th September 2008

Market may open down with hugh gap. Market may down between 10.00 and 10.17 Market may steady or up side between 12.10 and 12.35. Market may close at down to previous closing.




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Opening Bell Call
Buy

RELIANCE - Reliance Industries Ltd
HDFC - Housing Development Finance Corporation Ltd.
LUPIN - Lupin Limited
KOTAKBANK - Kotak Mahindra Bank Limited
SBIN - State Bank of India

On 9th September 2008 - The BSE Sensex closed at 14,900 (down 44 points) while the NSE Nifty closed at 4468 (down 13 points).

Opening Bell Call
Sell

DRREDDY - Dr. Reddy's Laboratories Ltd.
GMRINFRA - GMR Infrastructure Limited
HEROHONDA - Hero Honda Motors Ltd.
RNRL - Reliance Natural Resources Limited
NAGARFERT - Nagarjuna Fertilizer & Chemicals Ltd.

Technical Analysis for 10th September 2008

BSE-SENSEX - Major Support - 14870, 14807, 14743, 14665, 14586, 14444, 14302
BSE-SENSEX - Major Resistance - 14949, 15027, 15091, 15154, 15296, 15438, 15580

NSE-NIFTY - Major Support - 4461, 4443, 4425, 4403, 4382, 4342, 4303, 4263
NSE-NIFTY - Major Resistance - 4482, 4504, 4522, 4540, 4579, 4619, 4658, 4698