Sunday, April 29, 2012

NIFTY ANALYSIS




MAIN RESISTANCE @ 5342 AND 5378
MAIN SUPPORT @ 5136

200 SMA & 100 SMA @ 5130.
BOLLIINGER MIDDLE BAND @ 5258..BULLS HAVE TO CLOSE ABOVE 5258.
BOLLINGER BAND LOWER BAND ACTING AS SUPPORT........



ICICI BANK ANALYSIS



20 SMA & 200 SMA @ 870 WILL ACT AS RESISTANCE. LAST DAY CLOSING ABOVE 100 SMA (843) WILL FAVOUR BULLS.

MAIN RESISTANCE @ 900 & 917

MAIN SUPPORT @ 827