Stock Market Prediction for 2nd March 2009

Market may open down with hugh gap. Market may down between 9.59 and 10.20. Market may steady or up side between 12.20 and 12.47. Market may close at down to previous closing.




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Opening Bell Call
Buy

RELIANCE - Reliance Industries Ltd
RELCAPITAL - Reliance Capital Limited
NDTV - New Delhi Television Limited
IDEA - Idea Cellular Limited
RNRL - Reliance Natural Resources Limited
IFCI - IFCI Limited
RPOWER - Reliance Power Limited
SBIN - State Bank of India

On 27th February 2009 - The BSE Sensex closed at 8891 (Down 63 points) while the NSE Nifty closed at 2763 ( down 22 points).

Opening Bell Call
Sell

HDFCBANK - HDFC Bank Ltd
PARSVNATH - Parsvnath Developers Limited
NAGARCONST - Nagarjuna Construction Co. Ltd
APTECHT - Aptech Limited
DCB - Development Credit Bank Limited
BANKINDIA - Bank of India


Technical Analysis for 2nd March 2009

BSE-SENSEX - Major Resistance - 8854, 8918, 8981, 9026, 9070, 9134, 9197, 9260
BSE-SENSEX - Major Support - 8810, 8765, 8702, 8638, 8594, 8549, 8504, 8459

NSE-NIFTY - Major Resistance - 2753, 2775, 2797, 2815, 2832, 2854, 2876, 2899
NSE-NIFTY - Major Support - 2736, 2718, 2696, 2674, 2657, 2639, 2622, 2605