Stock Market Prediction for 26th August 2008
Market may open down. Market may up between 09.57 and 10.14 Market may steady or up side between 12.01 and 12.22. Market may close at down to previous closing.
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Opening Bell Call
Buy
RELIANCE - Reliance Industries Ltd
SUNPHARMA - Sun Pharmaceuticals Industries Ltd
HINDUNILVR - Hindustan Unilever Limited
INFOSYSTCH - Infosys Technologies Ltd.
CHAMBLFERT - Chambal Fertilizers & Chemicals Ltd
On 25th August 2008 - The BSE Sensex closed at 14,450 (up 48 points) while the NSE Nifty closed at 4,335 (up 7 points).
Opening Bell Call
Sell
TECHM - Tech Mahindra Limited
RPL - Reliance Petroleum Limited
IFCI - IFCI Limited
RNRL - Reliance Natural Resources Limited
MTNL - Mahanagar Telephone Nigam Ltd.
Technical Analysis for 26th August 2008
BSE-SENSEX - Major Support - 14512, 14433, 14353, 14305, 14256, 14128, 14000
BSE-SENSEX - Major Resistance - 14561, 14609, 14689, 14768, 14896, 15024, 15152
NSE-NIFTY - Major Support - 4350, 4326, 4302, 4285, 4269, 4228, 4188, 4147
NSE-NIFTY - Major Resistance - 4366, 4383, 4407, 4431, 4471, 4512, 4552, 4593