Stock Market Prediction for 16th February 2009
Market may open up. Market would be volatile . Market may up between 10.30 and 11.01 Market may steady or up side between 13.01 and 13.24. Market may close at up or near to previous closing.
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Opening Bell Call
Buy
CIPLA - Cipla Ltd
IDEA - Idea Cellular Limited
ONGC - Oil & Natural Gas Corpn Ltd
TATAPOWER - Tata Power Co. Ltd.
BALRAMCHIN - Balrampur Chini Mills Ltd
On 13th February 2009 - The BSE Sensex closed at 9634 (Up 168 points) while the NSE Nifty closed at 2948 (Up 55 points).
Opening Bell Call
Sell
AXISBANK - Axis Bank Limited
BANKINDIA - Bank of India
ABIRLANUVO - Aditya Birla Nuvo Limited
HDFC - Housing Development Finance Corporation Ltd.
IDBI - IDBI Bank Limited
Technical Analysis for 16th February 2009
BSE-SENSEX - Major Support - 9624, 9618, 9613, 9649, 9684, 9679, 9673, 9668
BSE-SENSEX - Major Resistance - 9588, 9552, 9557, 9563, 9527, 9491, 9455, 9419
NSE-NIFTY - Major Support - 2938, 2923, 2907, 2887, 2866, 2851, 2835, 2820
NSE-NIFTY - Major Resistance - 2959, 2979, 2995, 3010, 3031, 3051, 3072, 3092