NIFTY FUTURE STRATEGY FOR 11/06/12

LAST CLOSE @ 5059

RESISTANCE @ 5079 - 5092 - 5126 - 5140  -5150

SUPPORT @ 5046 - 5037 -5028 -4981

MAIN HURDLES @ 5074 - 5079 - 5092

TRADING ABOVE 5074 AND 5092 ...NO PROBLEM FOR BULLS.

CLOSING ABOVE 5074...NEXT TARGET MAY BE...????

WILL UPDATE DURING MARKET HOURS...

ULTIMATE TARGET 5262...???

WHY?

CLICK ON LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/nifty-future-strategy-for-070612.html

SBI - ICICI - AXIS STRATEGY FOR 11/06/12

LAST CLOSE @ 2179

RESISTANCE @ 2192 - 2207 -2216 -2234

SUPPORT @ 2156 - 2168 - 2150 - 2132

TRADING ABOVE 2192....NO PROBLEM FOR BULLS

IF PRICE TRADE ABOVE 2192 FOR 5- 10 MINUTES WITH VOLUME...BULLS MAY TRY TO KISS 2132 LEVEL SOON..

TRADING BELOW 2156 ....INDICATES WEAKNESS

LAST CLOSE @ 829

RESISTANCE @ 836 -843 -854

SUPPORT @ 815 - 813 -807

STIFF RESISTANCE @ 840- 843 LEVELS...

TRADING ABOVE 843...FOR 5 - 10 MINUTES WITH VOLUME ...NEXT TARGET MAY BE 854 NOT RULED OUT....

LAST CLOSE @ 1049

RESISTANCE @ 1062 - 1068 - 1076

SUPPORT @ 1038 - 1021 - 1017

BULLS NEED TO CLOSE ABOVE 1068....FOR ANOTHER UPSIDE MOVE...