AXIS-ICICI-SBI-RELCAP-RELINFRA ANALYSIS FOR 28/05/12

LAST CLOSE : 1000

RESISTANCE @ 1014 - 1030 - 1038

SUPPORT @ 992 - 983 - 972

CLOSING ABOVE 1014.....WE CAN SEE 1030 - 1038...... IN COMING DAYS.BULLS HAVE TO CLOSE ABOVE 1014 FOR ANOTHER FIRE.....

LAST CLOSE : 815

RESISTANCE @ 826 - 830 - 837

SUPPORT @ 805 - 797 - 790

BULLS NEED TO CLOSE ABOVE 826 FOR ANOTHER UPMOVE....SUPPOSE CLOSE ABOVE 826....

WE CAN SEE 847 - 854 IN COMING DAYS

MAIN SUPPORT @ 790

LAST CLOSE : 2007

RESISTANCE @ 2018 - 2030 - 2040

SUPPORT @ 1975 - 1955 - 1931

CLOSING ABOVE 2049..... BULLS MAY TRY TO KISS 2069 - 2075 LEVELS...

LAST CLOSE : 409

RESISTANCE @ 411 - 417 - 421

SUPPORT @ 402 - 396 - 390

MAIN SUPPORT @ 389 AND RESISTANCE @ 421

LAST CLOSE : 320

RESISTANCE @ 325 - 333 - 336

SUPPORT @ 316 - 305 - 301

SUPPOSE TRADING AND CLOSING  BELOW 316.... SHOWING WEAKNESS..... THEN BEARS MAY TRY TO EXTENT THE FALL UPTO 305 - 301 LEVELS....

LAST CLOSE : 464

RESISTANCE @ 472 - 479 - 484

SUPPORT @ 461 - 450 - 441

CLOSING ABOVE 479 ..... WE CAN SEE 493 .....IN COMING DAYS

LAST CLOSE : 726

RESISTANCE @ 735 - 756 - 760

SUPPORT @ 722 - 716 - 707

CLOSING ABOVE 737....NEXT TARGET MAY BE....756

MAIN SUPPORT @ 703

LAST CLOSE : 269

RESISTANCE @ 272 - 277 - 284

SUPPORT @ 263 - 255

CLOSING ABOVE 277.... NEXT TARGET MAY BE....284

MAIN SUPPORT @ 255

LAST CLOSE : 457

RESISTANCE @ 474 - 485

SUPPORT @ 455 - 450 - 443

MAIN SUPPORT @ 443

LAST CLOSE : 607

RESISTANCE @ 615 - 623 - 626 -632

SUPPORT @ 598 - 591 - 585

MAIN SUPPORT @ 566