NIFTY FUTURE STRATEGY FOR 29/06/12

LAST CLOSE @ 5151

NOW THE INDEX  IN CONSOLIDATTION MODE , MOVING INSIDE A TRADING RANGE BETWEEN 5090 - 5200.

A MOVE OUT OF THIS RANGE  EXPECTED SOON.

IF PRICE CAN SUSTAIN ABOVE  5167...NEXT TARGET MAY HIT 5179....CROSSOVER 5179 WILL TAKE TO 5191 LEVEL.

STIFF RESISTANCE @ 5204

SUPPOSE TRADE BELOW 5151....BEARS  TRY TO TOUCH 5121 - 5090 LEVELS.

STRONG SUPPORT @ 5085.

A CLOSE ABOVE 5210 WOULD SUGGEST STRENGTH WITH MORE UPSIDE POSSIBLE.

WE SHOULD THEN LOOKING @ .......?????

A CLOSE BELOW 5085...WILL TELL US THAT THE NIFTY IS READY FOR A CORRECTION ATLEAST  .........LEVELS...?????

SBI - ICICI LARSEN& TOUBRO - AXIS BANK ANALYSIS FOR 29/06/12

LAST CLOSE @ 1343

MAIN SUPPORT @ 1330

TRADE BELOW 1345...WILL TAKE TO 1337 - 1331 LEVELS

IF PRICE TRADE  BELOW 1330 WITH VOLUME FOR 5 - 10 MINUTES.....WE CAN SEE

 1304 - 1300 IN COMING DAYS.

TRADE ABOVE 1345....WILL TAKE TO 1362 - 1370 LEVELS.

STIFF RESISTANCE @ 1379

BELOW 1343...  ULTIMATE TARGET MAY BE 1324....IN INTRADAY ...????

LAST CLOSE @ 2098

TRADING BELOW 2100....INDICATES WEAKNESS....MAY SLIDE TO 2085 - 2070 LEVELS.

STRONG SUPPORT @ 2070 LEVEL.

BREAK BELOW 2070....CAN SEE FREE FALL UPTO 2061 LEVEL.

SUPPOSE BULLS CAN TRADE AND SUSTAIN ABOVE 2103....TAKE TO 2124....THEREAFTER 2135.

HURDLES @ 2135 - 2140 LEVELS.

CLOSING BELOW 2068.....WE CAN SEE........IN COMING DAYS.??????

LAST CLOSE @ 857

TRADING ABOVE 857....NEXT TARGET MAY HIT...863 AND 871.

STIFF RESISTANCE @ 871

BELOW 852...WILL SLIDE UPTO 849 -843 LEVELS.

LAST CLOSE @ 979

TRADING BELOW 980...BULLS TRY TO KISS ....969 - 962

STRONG SUPPORT @ 944

ONCE IF MANAGES TO CROSS 982.... CAN SEE 991 - 995 LEVELS.

SELL TATA STEEL @ 424

CMP 424

SELL @ 424

STOP LOSS 427

TARGET 415

SUBJECT TO DISCLAIMER

NIFTY FUTURE STRATEGY FOR 28/06/12

LAST CLOSE @ 5140

TRADING ABOVE 5140...BULLS TRY TO HIT 5156 - 5167 LEVELS.

ABOVE 5167...THERE IS A STIFF RESISTANCE @ 5179

CROSSOVER 5179......WILL TAKE TO 5191 - 5207 LEVELS.

IF PRICE TRADING BELOW 5140....BEARS TRY TO EXTENT THE FALL UPTO 5124 -5098 LEVELS.

STRONG SUPPORT @ 5090 - 5085 LEVELS

CLOSING BELOW 5085.... INDICATES  BEARS IN POWER ...CORRECTION IS POSSIBLE TO 5070 - 5055 LEVELS  IN COMING DAYS.

AXIS BANK - SBI - TATA MOTORS ANALYSIS FOR 28/06/12

LAST CLOSE @ 1001

CHART INDICATES TECHNICALLY WEAK

TRADING BELOW 1000...WE CAN SEE 996 - 990 LEVELS IN INTRADAY.???

GOOD SUPPORT @ 990

TRADING BELOW 990....WILL TAKE TO 982 VERY SOON.

TRADING ABOVE 1001 ....PRICE MAY HIT 1006 - 1014 LEVELS.

 STIFF RESISTANCE @ 1015 - 1017 LEVELS.

LAST CLOSE @ 2113

IF PRICE TRADE BELOW 2110....PRICE MAY CORRECT TO 2103 - 2096 LEVELS.

THEREAFTER 2085 IS THE TARGET.

TRADE ABOVE 2115...WILL TAKE TO 2132 - 2138 LEVELS.

STIFF RESISTANCE @ 2138

ABOVE 2138....NEXT TARGET MAY BE 2150.

ULTIMATE TARGET 2085 - 2070  IN INTRADAY OR IN COMING DAYS.?????

LAST CLOSE @ 239

STRONG SUPPORT @ 236 . SO EVEN IF TRADE ABOVE 239....IT IS GOOD TO BUY THIS LEVEL FOR TARGET 

243 - 249 WITH STOP LOSS BELOW 236.

TRADE BELOW 239....PRICE MAY TOUCH 236 - 234 LEVELS.

STRONG SUPPORT @ 236 - 232

MAIN RESISTANCE @ 252

SELL TATA STEEL BELOW 412

CMP 414

SELL BELOW 412

STOP LOSS 415

TARGET 405 - 402

SUBJECT TO DISCLAIMER

NIFTY FUTURE STRATEGY FOR 27/06/12

LAST CLOSE @ 5126

IF PRICE CAN TRADE AND SUSTAIN ABOVE 5126....BULLS MAY TAKE TO 5145 - 5155 LEVELS.

ONCE IF IT MANAGES TO CROSS 5155....IT MIGHT REACH 5167 - 5179 LEVELS.

TRADING BELOW 5126 WITH VOLUMES FOR 5- 10 MINUTES ....NIFTY MAY DRAG DOWN TO 5090 - 5085 LEVELS.

BREAK BELOW 5085 WILL TAKE TO 5070 - 5055 LEVELS.

LAST HOPE FOR BULLS @ 5040

CLOSING BELOW 5110 ....PRICE MAY TOUCH 5055 - 5058 LEVELS.

CLOSING ABOVE 5148...PRICE MAY HIT 5175 AND 5200 LEVELS VERY SOON.

AXIS - ICICI - SBI - RELIANCE INFRA ANALYSIS FOR 27/06/12

LAST CLOSE @ 1003

TRADING BELOW 1003...PRICE MAY CORRECT TO 994 - 990 LEVELS.

PRICE CROSSOVER 1007...MAY TAKE TO 1015 - 1017 LEVELS.

MAIN SUPPORT @ 990 - 982

MAIN RESISTANCE @ 1015 - 1017

LAST CLOSE @ 844

IF PRICE TRADE ABOVE 844....CONSIDER BUY AT THIS LEVEL WITH TARGET OF 851 - 854 AND 858 WITH STOP LOSS BELOW 838

IF PRICE BREAK BELOW 838...MAY SLIDE TO 833 - 830 LEVELS.

STIFF SUPPORT @ 838

LAST CLOSE @ 2113

DOJI  PATTERN FORMED IN CHART MEANS INDECISION BETWEEN BULLS AND BEARS.

TRADING BELOW 2113...INDICATES BEARS IN POWER...MAY FALL UPTO 2096 - 2085 LEVELS.

SUPPOSE PRICE CAN SUSTAIN ABOVE  2115....BULLS MAY TRY TO KISS 2132 - 2140 LEVELS.

CROSSOVER ABOVE 2140....THEN NEXT TARGET MAY BE 2150.

MAIN SUPPORT @ 2085 - 2075

MAIN RESISTANCE @ 2140

LAST CLOSE @ 534

FAVORING BULLS IF PRICE TRADE ABOVE 534....MAY HIT 539 -543 LEVELS.

THEREAFTER TARGET MAY BE 547 - 550 LEVELS.

BREAK BELOW 534.....WILL TAKE TO 527 - 523 - 520 LEVELS.

SELL LARSEN & TOUBRO NELOW 1351

CMP 1355

SELL BELOW 1351

STOP LOSS 1360

TARGET 1342 - 1334

POSITIONAL TARGET 1305

SUBJECT TO DISCLAIMER

SELL JINDAL STEEL & POWER BELOW 428

LAST CLOSE @ 428

SELL BELOW 428

STOP LOSS 433

TARGET 416

SUBJECT TO DISCLAIMER

NIFTY FUTURE STRATEGY FOR 26/06/12

LAST CLOSE @ 5109

RESISTANCE @ 5121 - 5144 - 5156 - 5167

SUPPORT @ 5098 - 5090 - 5085 - 5070

ALREADY INDICATED ON MONDAY....CLOSING BELOW 5112...WILL MAY TAKE TO

 5050 - 5058 LEVELS.

TRADING BELOW 5109 .....CAN SEE FREE FALL UPTO 5090 - 5085 LEVELS IN INTRADAY.

MAIN SUPPORT @ 5090 - 5085 LEVELS.

LAST HOPE FOR BULLS @ 5057 - 5030

CLOSING BELOW 5085...MAY LEAD TO SHARP FALL...????

TRADE ABOVE 5109.....BULLS MAY TRY TO HIT 5121 - 5144 LEVELS.

AXIS - SBI - ICICI - RELIANCE CAPITAL ANALYSIS FOR 26/06/12

LAST CLOSE @ 1012

RESISTANCE @ 1022 - 1029 - 1035

SUPPORT @ 1006 - 997 - 992

TRADING BELOW 1015...WILL TAKE TO 997 - 990 LEVELS IN INTRADAY ????

MAIN SUPPORT @ 982

MAIN RESISTANCE @ 1035

LAST CLOSE @ 847

RESISTANCE @ 854 - 858 - 864

SUPPORT @ 843 - 839 - 833

TRADING BELOW 847...MAY HIT 839 LEVEL IN INTRADAY. ????

THEREAFTER , 833 - 831...???

YESTERDAY BOLDLY WRITTEN, STIFF RESISTANCE @ 870....YESTERDAY MADE HIGH 870.70 AND FALL TO 843.

LAST CLOSE @ 2115

RESISTANCE @ 2131 - 2138 - 2150

SUPPORT @ 2100 - 2096 - 2079

TRADING BELOW 2115...BEARS MAY HIT 2085 - 2077 LEVELS IN INTRADAY. ?????

TRADING BELOW 2138...INDICATES BEARS IN POWER.

MAIN SUPPORT @ 2080 - 2075 LEVELS

MAIN RESISTANCE @ 2132 - 2138 LEVELS

LAST CLOSE @ 349

RESISTANCE @ 356 - 362 - 368

SUPPORT @ 347 - 345 - 340

TRADE BELOW 349..WE CAN SEE 341 IN INTRADAY.

BUY PUNJAB NATIONAL BANK @ 772 -775 LEVELS FOR 25/06/12

LAST CLOSE @ 780

BUY @ 772 -775 LEVELS

STOP LOSS @ 765

TARGET 790 - 795 - 799


NOT INITIATE CALL

SUBJECT TO DISCLAIMER

NIFTY FUTURE STRATEGY FOR 25/06/12

LAST CLOSE @ 5151

RESISTANCE @ 5156 - 5167 - 5179 - 5191- 5210

SUPPORT @ 5144 - 5090 - 5085 - 5072 - 5062 -5047

IN INTRADAY....IF PRICE TRADING ABOVE 5156....BULLS MAY TRY TO KISS 5179 - 5191 LEVELS.

BUT THERE IS A MINOR RESISTANCE @ 5167....WATCH THIS LEVEL.

MAIN HURDLES @ 5191 - 5210

TECHNICALLY BULLISH ....IF PRICE CAN TRADE AND SUSTAIN ABOVE 5085 LEVEL.

CROSS ABOVE 5210...BULLS WILL TAKE TO 5234 LEVEL.

SUPPOSE TRADING BELOW 5151....CORRECTION MAY BE POSSIBLE TO 5144 - 5090 LEVELS.

CLOSING BELOW 5112....WILL TAKE TO 5055 - 5050 LEVELS....??????

WAIT AND SEE