Stock Market Prediction for 3rd March 2009

Market may open down with hugh gap. Market may down between 9.55 and 10.17. Market may steady or down side between 11.27 and 11.47. Market may close at down to previous closing.



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Opening Bell Call
Buy

Exit all long term Position Major support of Nifty 2660 was broke on 2nd March 2009

On 2nd March 2009 - The BSE Sensex closed at 8607 (Down 284 points) while the NSE Nifty closed at 2,674 ( down 89 points).

Opening Bell Call
Sell

RPOWER - Reliance Power Limited
BANKINDIA - Bank of India
HINDUNILVR - Hindustan Unilever Limited
ICICIBANK - ICICI Bank Ltd
MARUTI - Maruti Suzuki India Limited
POWERGRID - Power Grid Corporation of India Limited
CAIRN - Cairn India Limited
INFOSYSTCH - Infosys Technologies Ltd.
ONGC - Oil & Natural Gas Corpn Ltd
TCS - Tata Consultancy Services Limited

Technical Analysis for 3rd March 2009

BSE-SENSEX - Major Resistance - 8644, 8685, 8725, 8784, 8843, 8884, 8924, 8965
BSE-SENSEX - Major Support - 8585, 8526, 8486, 8445, 8386, 8327, 8268, 8209

NSE-NIFTY - Major Resistance - 2699, 2719, 2739, 2772, 2804, 2824, 2844, 2864
NSE-NIFTY - Major Support - 2667, 2634, 2614, 2594, 2562, 2529, 2497, 2464