Stock Market Prediction for 2nd May 2008

Market may open up with hugh gap. Market would be volatile & show significant ups and down. Market may up between 10.00 and 10.23. Market may steady or up side between 12.12 and 12.33. Market may close at up to previous closing.

PostOnly again Stock Market Prediction had predicted volatility and uncertainty in Market on 31st March 2008 in post Astro Alert - Volatility and Uncertainty in Stock Market

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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
TCS - Tata Consultancy Services Limited
GDL - Gateway Distriparks Limited
PATNI - Patni Computer Systems Limited
GLENMARK - Glenmark Pharmaceuticals Ltd.
LT - Larsen & Toubro Limited
SATYAMCOMP - Satyam Computer Services Ltd

Opening Bell Call
Sell
CAIRN - Cairn India Limited
BAJAJHIND - Bajaj Hindusthan Ltd
CIPLA - Cipla Ltd.
GRASIM - Grasim Industries Ltd.
GTOFFSHORE - Great Offshore Limited
NAGARFERT - Nagarjuna Fertiliser & Chemicals Ltd.

Technical Analysis for 2nd May 2008

BSE-SENSEX - Major Support - 17264, 17192, 17144, 17097, 16977, 16858
BSE-SENSEX - Major Resistance - 17366, 17383, 17431, 17503, 17575, 17694

NSE-NIFTY - Major Support - 5160, 5136, 5122, 5108, 5070, 5033
NSE-NIFTY - Major Resistance - 5183, 5197, 5211, 5235, 5258, 5295, 5333, 5370

Maharashtra Day ( Worker's Day )

The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) (India stock markets) will remain closed on 1st May 2008 for Maharashtra Day.

Maharashtra Day is celebrated in Maharashtra the 1st of May. Maharashtra attained statehood on 1st of May, 1960 when the then state Bombay was divided into two states, Maharashtra and Gujarat on the basis of different languages, Marathi and Gujarati.

Stock Market Forecast for 30th April 2008

Market may open down. Market would be volatile & show significant ups and down. Market may up between 11.25 and 11.45. Market may steady or up side between 13.15 and 13.35. Market may close at down to previous closing.



Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
HDIL - Housing Development and Infrastructure Limited
HINDALCO - Hindalco Industries Ltd.
APTECHT - Aptech Limited
RPL - Reliance Petroleum Limited
DLF - DLF Limited

Opening Bell Call
Sell
INDIANB - Indian Bank
VGUARD - V-Guard Industries Limited
TECHM - Tech Mahindra Limited
ACC - ACC Limited
INDIABULLS - Indiabulls Financial Services Limited
ORCHIDCHEM - Orchid Chemicals & Pharmaceuticals Ltd

Technical Analysis for 30th April 2008

BSE-SENSEX - Major Support - 17271, 17194, 17118, 16988, 16858, 16651
BSE-SENSEX - Major Resistance - 17401, 17531, 17607, 17684, 17890

NSE-NIFTY - Major Support - 5162, 5138, 5114, 5074, 5034, 4970
NSE-NIFTY - Major Resistance - 5202, 5242, 5266, 5290, 5354, 5418