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

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

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  .

LAST CLOSE @ 792

RESISTANCE @ 804 - 807 - 819

SUPPORT @ 787 - 779 - 767

TECHNICALLY WEAK , IF TRADE BELOW 807..

MAIN SUPPORT @ 767

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