SBI - RELCAP - RELINFRA - AXIS BANK ANALYSIS FOR 23/05/12

LAST CLOSE : 1939

SUPPORT @ 1923 - 1895 - 1876

RESISTANCE @ 1960 - 1987 - 2030

TECHNICALLY VERY WEAK......MAIN RESISTANCE @ 1985 -1995 LEVELS........ TRADE BELOW 1923 WITH VOLUMES..... FOR 10 - 15  MINUTES.......WE CAN SEE SLIDE UPTO 1876

LAST CLOSE : 308

RESISTANCE @ 317 - 320 - 327

SUPPORT @ 301 - 295 - 290

LAST CLOSE : 443

SUPPORT @ 441 - 435 - 423

RESISTANCE @ 461 - 464

LAST CLOSE : 966

SUPPORT @ 959 - 950 - 944

RESISTANCE @ 983 - 988 - 995

NIFTY FUTURE STRATEGY FOR 23/05/12

LAST CLOSE  : 4841

SUPPORT @ 4827 - 4818 - 4805 - 4780

RESISTANCE@ 4860 - 4879 - 4900 - 4915

TRADING BELOW 4805......WITH VOLUMES.....FOR 5-10 MIN...... BEARS MAY TRY TO EXTENT FALL UPTO

 4780 - 4768 LEVELS......