Tuesday, June 19, 2012

SBI - AXIS - ICICI BANK ANALYSIS FOR 20/06/12




LAST CLOSE @ 827

RESISTANCE @ 834 - 839 - 848

SUPPORT @ 808 - 805 - 796

TECHNICALLY STRONG

IF BULLS CAN TRADE AND CLOSE ABOVE 815.....WE CAN SEE 860  - 870 LEVELS VERY SOON..?????

CAN BULLS HIT 840 - 848 IN INTRADAY..????




LAST CLOSE @ 2101

RESISTANCE @ 2116 - 2133 - 2150 - 2168

SUPPORT @ 2084 - 2061 - 2056 - 2038

NO PROBLEMS FOR BULLS ,......IF BULLS CAN TRADE ABOVE 2105....OTHERWISE PRICE MAY SLIDE TO 2085....2061 LEVELS.




LAST CLOSE @ 1002

RESISTANCE @ 1005 - 1013 - 1017 - 

SUPPORT @ 990 - 983 - 975

FRESH LONG ONLY ....IF PRICE CAN CLOSE ABOVE 1013 LEVEL..

TRADING BELOW 1005 INDICATES WEAKNESS.....MAY SLIDE TO 990 -982 LEVELS.




SELL ICICI BANK BELOW 816 FOR 19/06/12




LAST CLOSE @ 

SELL BELOW 816

STOP LOSS 823

TARGET 810 - 805-796 

Blinking Text

MADE LOW 808

SUBJECT TO DISCLAIMER