SBI- AXIS-ICICI-RELCAP-RELINFRA-TATA MOTORS ANALYSIS FOR 05/06/12

LAST CLOSE @ 2046

RESISTANCE @ 2054 - 2080 - 2090 -2100

SUPPORT @ 2017 - 1974 - 1960 - 1954

MAIN SUPPORT @ 1960 - 1920

TODAY BULLS MAY TRY TO KISS 2080...

SUPPOSE PRICE CLOSE BELOW 1960...IT INDICATES...BEARS IN POWER..SO WATCH 1960 LEVEL CAREFULLY..

LAST CLOSE @ 988

RESISTANCE @ 995 - 1000 - 1012 - 1017

SUPPORT @ 982 - 964 - 957 - 944

TRADING ABOVE 983 POSITIVE FOR BULLS.

BULLISH ENGULFING PATTERN FORMED....EXPECT REVERSE FROM HERE...

LAST CLOSE @ 789

RESISTANCE @ 797 - 802 - 807

SUPPORT @ 779 - 768

LAST HOPE FOR BULLS @ 768

MAIN RESISTANCE @ 807 -810 LEVELS...

BULLISH ENGULFING PATTERN FORMED....

LAST CLOSE @ 438

RESISTANCE @ 444 - 453 - 458

SUPPORT @ 428  -416

LAST HOPE FOR BULLS @ 416

LAST CLOSE @ 229

RESISTANCE @ 236 - 240 - 252

SUPPORT @ 223 - 217 - 212

MAIN SUPPORT @ 217

TRADING ABOVE 222 POSITIVE FOR BULLS...