Market may open down with hugh gap. Market would be volatile & show significant ups and down. Market may down between 09.57 and 10.17. Market may steady or up side between 12.45 and 13.10. Market may close at down to previous closing.



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Opening Bell Call
Buy

NTPC - NTPC Limited
IFCI - IFCI Limited
MRPL - Mangalore Refinery and Petrochemicals Ltd.
BALRAMCHIN - Balrampur Chini Mills Ltd
SESAGOA - Sesa Goa Ltd.
SIEMENS - Siemens Ltd
TATAPOWER - Tata Power Co. Ltd.

On 19th February 2009 - The BSE Sensex closed at 9042 (up 27 points) while the NSE Nifty closed at 2789 (up 13 points).

Opening Bell Call
Sell
HINDALCO - Hindalco Industries Ltd.
IBREALEST - Indiabulls Real Estate Limited
INFOSYSTCH - Infosys Technologies Ltd.
NAGARCONST - Nagarjuna Construction Co. Ltd
RPOWER - Reliance Power Limited

Technical Analysis for 20th February 2009

BSE-SENSEX - Major Resistance - 9043, 9077, 9110, 9144, 9177, 9211, 9244, 9277
BSE-SENSEX - Major Support - 9010, 8976, 8943, 8909, 8876, 8842, 8808, 8774

NSE-NIFTY - Major Resistance - 2786, 2796, 2805, 2813, 2821, 2831, 2840, 2850
NSE-NIFTY - Major Support - 2778, 2770, 2761, 2751, 2743, 2735, 2727, 2719