AXIS - ICICI - SBI - TATASTEEL - RELINFRA - RELCAPITAL ANALYSIS FOR 22/06/12

LAST CLOSE @ 1025

RESISTANCE @ 1029 - 1039 - 1050

SUPPORT @ 1015 - 1005 - 994

TECHNICALLY STRONG

IF BULLS CAN TRADE ABOVE 1015....TRY TO HIT 1040 - 1043 LEVELS IN INTRADAY.???

TRADING AND CLOSING BELOW 1015....MAY LEAD TO 994 - 990 LEVELS..

LAST CLOSE @ 850

RESISTANCE @ 855 - 858- 865

SUPPORT @ 839 - 827 - 822

SUPPOSE PRICE TRADE ABOVE 840....WILL TAKE TO 865- 870 LEVEL SOON..

BELOW 840...MAY HIT 825 LEVEL...

LAST CLOSE @ 2178

RESISTANCE @ 2190 - 2212 - 2219 

SUPPORT @ 2150 - 2137 - 2121

IF PRICE TRADE BELOW 2178....BEARS MAY TRY TO KISS 2147.

SUPPOSE BULLS CAN TRADE AND SUSTAIN ABOVE 2178.....NEXT TARGET MAY BE

 2195 - 2219 LEVELS.

CLOSING ABOVE 2140 ... WE CAN SEE .....................LEVELS IN COMING DAYS..?????

LAST CLOSE 430

IF BULLS CAN CLOSE ABOVE 428......NEXT TARGET MAY BE 445...????

MAIN SUPPORT @ 427 - 421

LAST CLOSE @ 535

TRADE ABOVE 535....WE CAN SEE 546 INTRADAY TARGET..

CLOSING ABOVE 546.......NEXT TARGET MAY BE 555 - 563

MAIN RESISTANCE @ 546

MAIN SUPPORT @ 506

LAST CLOSE @ 345

TRADE ABOVE 345....WE CAN SEE 355 - 358 LEVELS VERY SOON.

MAIN SUPPORT @ 330 - 321