DOW JONES ANALYSIS

DOWJONES CLOSING BELOW 50 SMA NEGATIVE FOR BULLS.MAIN SUPPORT @ 12710.MAIN RESISTANCE @ 12986.CLOSE AND SUSTAIN ABOVE 12990 NEED BULLS FOR NEXT UPTREND..BELOW 12710 WE CAN SEE SHARP FALL TILL 12632 - 12530

ASCENDING TRIANGLE IN HDFC BANK

ASCENDING TRAINAGLE IN HDFC BANK.MAIN RESISTANCE @ 540.WATCHOUT FOR BREAKOUT...OR BRAEKDOWN??

RISING WEDGE IN BATA INDIA

RISING WEDGE IN BATA INDIA.WATCH OUT BREAKOUT OR BREAK DOWN IN BATA INDIA.... BREAKDOWN...??????

AXIS BANK ANALYSIS

AXIS BANK DAILY CHART.CLOSE BELOW 20 AND 50 SMA NEGATIVE FOR BULLS .CLOSE ABOVE 1170 FOR BULLS FOR ANOTHER UPTREND.MAIN RESISTANCE @ 1243.

SBI ANALYSIS

SBI HAVE TO BREAKOUT & CLOSE ABOVE TRENDLINE RESISTANCE.NEXT MAIN RESISTANCE @ 2374..YESTERDAY CLOSE ABOVE 20& 50 SMA GOOD FOR BULLS.MAIN SUPPORT @ 2175.

ICICI BANK ANALYSIS

CLOSE BELOW 200 SMA SHOWING LOSING ITS BULLS POWER.BEARS MAY TRY TO EXTENT ITS FALL.MAIN SUPPORT @ 850 & 843.CLOSE BELOW 843 WE CAN SEE 815 IN FEW DAYS....BULLS HAVE TO CLOSE ABOVE 880 (200 SMA) FOR FURTHER UPTREND.