AXIS - SBI - ICICI - TCS ANALYSIS FOR 18/07/12

LAST HOPE FOR BULLS @ 1012

TRADING BELOW 1024....BEARS TRY TO HIT  1016 AND 1012.

STRONG SUPPORT @ 1012

BELOW 1012....NEXT TARGET MAY BE 1006.

SUPPOSE PRICE CAN TRADE AND SUSTAIN ABOVE  1030...BULLS TRY TO TOUCH  1035 AND 1040 LEVELS

ABOVE 1040....NEXT TARGET @ 1044

TRADING BELOW 2200.....WILL TAKE TO 2185 - 2182 LEVELS.

THEREAFTER BEARS TARGETS MAY BE 2178 AND 2171

STRONG SUPPORT @ 2178 AND 21271 LEVELS

LAST CLOSE @ 2199

TRADING ABOVE 2200....RESISTANCE @ 2216 AND 2223.

IF BULLS CAN CROSSOVER 2223....WILL TAKE TO 2230 AND 2236 LEVELS.

SUPPOSE BEARS CLOSE BELOW 2170....THEN ULTIMATE TARGET MAY BE...

2133  ?????

TRADE WITH LEVELS ONLY

ABOVE 923....NEXT TARGETS MAY BE 932 - 935 LEVELS

 STIFF RESISTANCE @ 937

TRADING BELOW 922....WILL TAKE TO 917 AND 912 LEVELS.

BELOW 912....WE CAN SEE FREE FALL UP TO 898...

LAST CLOSE @ 1186

LAST HOPE FOR BULLS @ 1170