Stock Market Prediction for 25th September 2008



Market may open down. Market may up between 11.15 and 11.37 Market may steady or up side between 12.05 and 12.22. Market may close at up to previous closing.

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Opening Bell Call
Buy

MARUTI – Maruti Suzuki India Limited
SUNPHARMA – Sun Pharmaceuticals Industries Ltd
CHAMBLFERT – Chambal Fertilizers & Chemicals Ltd
ESSAROIL – Essar Oil Limited
PUNJLLOYD – Punj Lloyd Limited

On 24th September 2008 – The BSE Sensex closed at 13692 (up 122 points) while the NSE Nifty closed at 4161 (up 34 points).

Opening Bell Call
Sell

SBIN – State Bank of India
JPASSOCIAT – Jaiprakash Associates Limited
GRASIM – Grasim Industries Ltd.
INFOSYSTCH – Infosys Technologies Ltd.
BAJAJ-AUTO – Bajaj Auto Limited

Technical Analysis for 25th September 2008

BSE-SENSEX – Major Support – 13708, 13716, 13724, 13790, 13856, 13930, 14004, 14078
BSE-SENSEX – Major Resistance – 13642, 13576, 13568, 13560, 13486, 13412, 13338, 13264

NSE-NIFTY – Major Support – 4161, 4138, 4115, 4092, 4069, 4023, 3977, 3931
NSE-NIFTY – Major Resistance – 4148, 4207, 4230, 4253, 4299, 4345, 4391, 4437



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