Tuesday, June 5, 2012

SBI _ AXIS - ICICI - RELINFRA - TATA MOTORS ANALYSIS FOR 06/06/12


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LAST CLOSE @ 2083
RESISTANCE @ 2089 - 2110 - 2118

SUPPORT @ 2061 - 2038 - 2017

TRADING ABOVE 2077.... NO PROBLEM 
FOR BULLS.

SUPPOSE CLOSING BELOW 2077...THEN BEARS MAY TRY TO EXTENT THE FALL UPTO 2017 LEVEL.

MAIN RESISTANCE @ 2150

MAIN SUPPORT @ 2017

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LAST CLOSE @ 990

RESISTANCE @ 996 - 1012 - 1017

SUPPORT @ 984 - 975 - 964

TRADING ABOVE 984... NO PROBLEM FOR BULLS..

SUPPOSE BREAK AND CLOSE BELOW 984.....MAY SEE NON STOP SLIDE UPTO 

964 - 957 LEVELS VERY SOON  .


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LAST CLOSE @ 792

RESISTANCE @ 804 - 807 - 819

SUPPORT @ 787 - 779 - 767

TECHNICALLY WEAK , IF TRADE BELOW 807..

MAIN SUPPORT @ 767


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LAST CLOSE @ 450

RESISTANCE @ 458 - 461 - 464

SUPPORT @ 442 - 432 - 427

IF BULLS CAN CLOSE ABOVE 457....THEN NEXT TARGET MAY BE 470 - 477 LEVELS NOT RULED OUT....

TECHNICALLY WEAK... TRADE BELOW 455

CONTINUOUSLY TRADING BELOW 455...MAY LEAD TO FALL UPTO 432 - 427 LEVELS



LAST CLOSE @ 222

RESISTANCE @ 230 - 236 - 239

SUPPORT @ 217 - 213 - 206

MAIN SUPPORT @ 217






NIFTY FUTURE STRATEGY FOR 06/06/12




LAST CLOSE @ 4846

RESISTANCE @ 4879 - 4886 - 4906 - 4915

SUPPORT @ 4822 - 4815 - 4782 - 4768

MAIN RESISTANCE @ 4886

MAIN SUPPORT @ 4815

SBI BUY ABOVE 2045




BUY ABOVE 2045

STOP LOSS BELOW 2017

TARGET 2078 - 2089 - 2101

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INTRADAY 50 POINTS GAIN