SBI - ICICI - AXIS BANK ANALYSIS FOR 25/07/12

MAIN SUPPORT @ 1016

MAIN RESISTANCE @ 1050

TRADING ABOVE 1041....CAN SEE RALLY UPTO 1050 - 1058 LEVELS.

INTRADAY SUPPORT @ 1036- 1030 - 1025 LEVELS.

TECHNICALLY VERY WEAK

FOR FURTHER UPSIDE MOVE....BULLS HAVE TO CLOSE ABOVE  2032 LEVELS.

TRADING BELOW 2095....MAY TOUCH  2087- 2080 LEVELS...THERE AFTER  

2074- 2061 LEVELS.

MAY TOUCH 2057 NOT RULED OUT.

EXPECT BOUNCE BACK FROM 2061- 2057 LEVELS..

TRADING ABOVE 2200...TAKE TO 2118 - 2124 - 2131 LEVELS.

IF PRICE CAN SUSTAIN ABOVE 917....BULLS TRY TO HIT 922 -924 ....THEREAFTER 930 IS THE RESISTANCE.

STRONG SUPPORT @ 910- 905 LEVELS.

STRONG RESISTANCE @ 930