Wednesday, June 6, 2012
SBI - AXIS - RELINFRA - TATA MOTORS ANALYSIS FOR 07/06/12
LAST CLOSE @ 2158
RESISTANCE @ 2188 - 2207 - 2216
SUPPORT @ 2150 - 2118 - 2105
TECHNICALLY STRONG
EXPECT SOME PROFIT BOOKING @ 2215 - 2220 LEVELS....
LAST CLOSE @ 1020
RESISTANCE @ 1028 - 1032 - 1038 -1050
SUPPORT @ 1012 - 998 - 992 - 983
TECHNICALLY STRONG ABOVE 987
ULTIMATE TARGET MAY BE 1060....???
LAST CLOSE @ 471
RESISTANCE @ 479 - 484 - 492
SUPPORT @ 457 - 454 - 446
DOUBLE BOTTOM PATTERN FORMED...
HEIGHT OF PATTERN 64
IF BREAKOUT HAPPEN ABOVE 480....TARGET MAY BE
480 + 64 = 544
SO ULTIMATE TARGET 544...???
LAST CLOSE @ 234
RESISTANCE @ 239 - 245 - 254
SUPPORT @ 229 - 223 - 220
MAIN RESISTANCE @ 24
MAIN SUPPORT @ 217
BUY MARUTI ABOVE 1080
LAST CLOSE @ 1079
BUY ABOVE 1080
STOP LOSS 1060
TARGET 1117
INTRADAY 35 POINTS GAIN
INTRADAY 35 POINTS GAIN
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