Stock Market Prediction for 24th February 2009

Market may open down. Market would be volatile . Market may up between 11.17 and 11.42 Market may steady or up side between 13.27 and 13.51. Market may close at down or near to previous closing.


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Opening Bell Call
Buy

BHARTIARTL - Bharti Airtel Limited
ACC - ACC Limited
HEROHONDA - Hero Honda Motors Ltd.
IDEA - Idea Cellular Limited
RNRL - Reliance Natural Resources Limited
IFCI - IFCI Limited

On 20th February 2009 - The BSE Sensex closed at 8843 (down 199 points) while the NSE Nifty closed at 2736 (down 53 points).

Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
CENTURYTEX - Century Textiles & Industries Ltd
RPL - Reliance Petroleum Limited
VOLTAS - Voltas Ltd.
BAJAJHIND - Bajaj Hindusthan Ltd
SUZLON - Suzlon Energy Limited

Technical Analysis for 24th February 2009

BSE-SENSEX - Major Resistance - 8850, 8893, 8936, 8983, 9030, 9073, 9116, 9160
BSE-SENSEX - Major Support - 8803, 8756, 8713, 8670, 8623, 8576, 8530, 8483

NSE-NIFTY - Major Resistance - 2745, 2763, 2780, 2803, 2825, 2843, 2860, 2878
NSE-NIFTY - Major Support - 2723, 2700, 2683, 2665, 2643, 2620, 2598, 2576