Stock Market Prediction for 7th May 2008

Market may open down. Market would be volatile & show significant ups and down. Market may up between 10.15 and 10.40. Market may steady or up side between 13.40 and 14.10. Market may close at up to previous closing.


SHARE YOUR THOUGHTS! LEAVE A COMMENTS

Opening Bell Call
Buy
DLF - DLF Limited
INDUSINDBK - IndusInd Bank Limited
RECLTD - Rural Electrification Corporation Limited
M&M - Mahindra & Mahindra Ltd.
CHENNPETRO - Chennai Petroleum Corporation Limited
JPHYDRO - Jaiprakash Hydro-Power Limited
PATELENG - Patel Engineering Limited

Opening Bell Call
Sell
RPOWER - Reliance Power Limited
RNRL - Reliance Natural Resources Limited
ABB - ABB Limited
UCOBANK - UCO Bank

Technical Analysis for 7th May 2008

BSE-SENSEX - Major Support - 17305, 17239 , 17172, 17105, 16973, 16840
BSE-SENSEX - Major Resistance - 17370, 17437, 17504, 17570, 17635, 17768

NSE-NIFTY - Major Support - 5127, 5100, 5079, 5057, 5009, 4951, 4913
NSE-NIFTY - Major Resistance - 5153, 5175, 5196, 5223, 5249, 5297, 5345

Astro Alert - BSE Sensex and NSE will down by 5% to 15% during June 2008

See the Power of Astrological calculation we will see big fall in Indian Stock Market. Indian Stock Market will be more volatile between 27th May 2008 and 20th June 2008, exit all long position.

Monthly and Weekly chart patterns show that Nifty has still not acheived its lower targets. BSE Sensex and NSE are on the mercy of Dow jones once again, and if some serious bad news comes out, we should be ready for short selling any day. Nifty has a strong resistance at 5215-5240. We might see correction during June 2008. If nifty touches 4400-4300 levels, then expect a good bounce back to 4900-5000-5100 levels.

Stock Market Prediction for 6th May 2008

Market may open down. Market would be volatile & show significant ups and down. Market may up between 11.00 and 11.25. Market may steady or up side between 12.25 and 12.45. Market may close at down to previous closing.


SHARE YOUR THOUGHTS! LEAVE A COMMENTS

Opening Bell Call
Buy
DLF - DLF Limited
RPL - Reliance Petroleum Limited
CANBK - CANARA BANK
JINDALSTEL - Jindal Steel & Power Ltd.
LIQUIDBEES - Benchmark Asset Management Company Private Limited
NTPC - NTPC Limited
ISPATIND - Ispat Industries Limited
BALLARPUR - Ballarpur Industries Limited

Opening Bell Call
Sell
INDIANB - Indian Bank
RPOWER - Reliance Power Limited
RNRL - Reliance Natural Resources Limited
I-FLEX - I-Flex Solutions Limited
WHEELS - Wheels India Ltd


Technical Analysis for 6th May 2008

BSE-SENSEX - Major Support - 17473, 17386, 17334, 17282, 17143, 17004, 16865
BSE-SENSEX - Major Resistance - 17560, 17612, 17664, 17751, 17838, 17977, 18116

NSE-NIFTY - Major Support - 5187, 5164, 5151, 5137, 5101, 5065, 5029
NSE-NIFTY - Major Resistance - 5209, 5223, 5236, 5259, 5281, 5317, 5353, 5389