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

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

Bulls will back - BSE Sensex will touch 12,000 between April - May 2009

As per Vedic Astrology after 15th April 2009 Sun, which is lord of the 5th house of Stock Market as per Kalpurusha Kundali (Horoscope), will enter in his exalted sign i.e. Aries. On the date of Sun ingress transit Moon will be in trine aspect with transit Sun. Venus, significator of wealth and luxury, will be occupying in its exalted sing i.e. Pisces and depositor of Venus will be in sextile aspect, all these planetary position indicates that BSE Sensex will touch 12,000 benchmark between 21st April 2009 and 15th May 2009.



Bulls will back on Dalal Street, there may be some positive results from leading Companies or Indian Government or Reserve Bank of India would give some stimulating package, which may boost up Indian Stock Market.