SBI - AXIS - RELINFRA - TATA MOTORS ANALYSIS FOR 07/06/12

LAST CLOSE @ 2158

RESISTANCE @ 2188 - 2207 - 2216

SUPPORT @ 2150 - 2118 - 2105

TECHNICALLY STRONG

EXPECT SOME PROFIT BOOKING @ 2215 - 2220 LEVELS....

LAST CLOSE @ 1020

RESISTANCE @ 1028 - 1032 - 1038 -1050

SUPPORT @ 1012 - 998 - 992 - 983

TECHNICALLY STRONG ABOVE 987

ULTIMATE TARGET MAY BE 1060....???

LAST CLOSE @ 471

RESISTANCE @ 479 - 484 - 492

SUPPORT @ 457 - 454 - 446

DOUBLE BOTTOM PATTERN FORMED...

HEIGHT OF PATTERN 64

IF BREAKOUT HAPPEN ABOVE 480....TARGET MAY BE 

480 + 64 = 544

SO ULTIMATE TARGET 544...???

LAST CLOSE @ 234

RESISTANCE @ 239 - 245 - 254

SUPPORT @ 229 - 223 - 220

MAIN RESISTANCE @ 24

MAIN SUPPORT @ 217