Stock Market Prediction for 19th August 2008
Market may open down. Market may up between 10.20 and 10.45. Market may steady or up side between 11.25 and 11.45. Market may close at down to previous closing.
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Opening Bell Call
Buy
SUNPHARMA - Sun Pharmaceuticals Industries Ltd
IVRCLINFRA - IVRCL Infrastructures & Projects Ltd.
DISHTV - Dish TV India Limited
ROLTA - Rolta India Ltd.
DRREDDY - Dr. Reddy's Laboratories Ltd.
On 18th August 2008 - The BSE Sensex closed at 14,645 (down 78 points) while the NSE Nifty closed at 4,393 (down 37 points).
Opening Bell Call
Sell
RELIANCE - Reliance Industries Ltd
RELCAPITAL - Reliance Capital Limited
RPL - Reliance Petroleum Limited
RNRL - Reliance Natural Resources Limited
RPOWER - Reliance Power Limited
Technical Analysis for 19th August 2008
BSE-SENSEX - Major Support - 14689, 14622, 14555, 14510, 14465, 14353, 14241, 14129
BSE-SENSEX - Major Resistance - 14734, 14779, 14846, 14913, 15025, 15137, 15249
NSE-NIFTY - Major Support - 4406, 4386, 4365, 4352, 4338, 4304, 4270, 4236
NSE-NIFTY - Major Resistance - 4420, 4433, 4454, 4474, 4508, 4542, 4576