SBI - ICICI - AXIS BANK PUNJAB NATIONAL BANK ANALYSIS FOR 13/07/12

TECHNICALLY WEAK...IF PRICE TRADE BELOW 1050....FOR INTRADAY

SUPPOSE TRADE BELOW 1050....WILL SLIDE TO 1043 - 1035 LEVELS.

THEREAFTER MAIN SUPPORT @ 1031

SUPPOSE BULLS CAN TRADE ABOVE 1050.....WILL TAKE TO 1059 AND 1063.

CROSSOVER 1063.... NEXT RESISTANCE @ 1072

DOJI PATTERN IN DAILY CHART

IF BULLS CAN TRADE AND SUSTAIN ABOVE 931.....TRY TO HIT 935 AND 938.

ABOVE 938.....NEXT RESISTANCE @ 945

TRADING BELOW 928.....SEE SLIDE UPTO 924 AND 922.

STRONG SUPPORT @ 922

BELOW 922....SUPPORT @ 911

ABOVE 2222....CAN SEE 2235- 2239 LEVELS

STIFF RESISTANCE @ 2244 AND 2253

TRADING BELOW 2222

WILL TAKE TO 2210 - 2192

STRONG SUPPORT @ 2186

LAST CLOSE @ 845

RESISTANCE @ 849 - 852 - 862

SUPPORT @ 840 - 833 - 828