SBI - AXIS - ICICI - RELCAP RELINFRA ANALYSIS FOR 08/08/12

LAST CLOSE @ 2168

RESISTANCE @ 2189 - 2207 - 2216

SUPPORT @ 2157 - 2150 - 2125

IF BULLS CAN'T TRADE ABOVE 2189.... WE CAN SEE SELLING PRESSURE....

BEARS MAY TRY TO KISS 2128 LEVEL.

LAST CLOSE @ 1057

RESISTANCE @ 1068 - 1076 - 1094

SUPPORT @ 1050 - 1038 - 1019

EXPECT SOME PROFIT BOOKING @ 1070 - 1076 LEVELS.

YESTERDAY BOLDLY WRITTEN....ULTIMATE TARGET MAY BE 1060....YESTERDAY HIT HIGH 1062

LAST CLOSE @ 830

RESISTANCE @ 841 - 844 - 854

SUPPORT @ 824  - 817 - 815

STRONG RESISTANCE @ 841 LEVEL.

LAST CLOSE @ 337

RESISTANCE @ 340 - 345 -348

SUPPORT @ 326 - 317 - 313

LAST CLOSE @ 483

RESISTANCE @ 489 - 493 -509

SUPPORT @ 480 - 475- 465

STRONG RESISTANCE @ 490 - 493 LEVELS...

SUPPOSE TRADING ABOVE 493...BULLS MAY TRY TO KISS 510 - 513  LEVELS..