NIFTY FUTURE STRATEGY FOR 22/06/12

LAST CLOSE @ 5174

RESISTANCE @ 5181 - 5191 - 5210 - 5225

SUPPORT @ 5156 - 5145 - 5139 - 5124

IF BULLS CAN TRADE ABOVE 5191...BULLS MAY TRY TO HIT 5210 IN INTRADAY.

SUPPOSE BULLS CAN CROSS 5210....WILL TAKE TO 5234

IF BULLS CAN CLOSE ABOVE 5210...NEXT TARGET MAY BE 5252 - 5268 LEVELS...???

CLOSING BELOW  5148 ....BEARS MAY TRY TO EXTENT THE FALL UPTO 5123 - 5110 LEVELS

MAIN SUPPORT @ 5125 - 5138 LEVELS.

TODAY WE EXPECT NIFTY MAY OPEN @  5115 -5125 LEVELS.

WATCH 5090 - 5083 LEVELS CAREFULLY.

BUY IN PANIC WITH STOP LOSS BELOW 5090.

AXIS - ICICI - SBI - TATASTEEL - RELINFRA - RELCAPITAL ANALYSIS FOR 22/06/12

LAST CLOSE @ 1025

RESISTANCE @ 1029 - 1039 - 1050

SUPPORT @ 1015 - 1005 - 994

TECHNICALLY STRONG

IF BULLS CAN TRADE ABOVE 1015....TRY TO HIT 1040 - 1043 LEVELS IN INTRADAY.???

TRADING AND CLOSING BELOW 1015....MAY LEAD TO 994 - 990 LEVELS..

LAST CLOSE @ 850

RESISTANCE @ 855 - 858- 865

SUPPORT @ 839 - 827 - 822

SUPPOSE PRICE TRADE ABOVE 840....WILL TAKE TO 865- 870 LEVEL SOON..

BELOW 840...MAY HIT 825 LEVEL...

LAST CLOSE @ 2178

RESISTANCE @ 2190 - 2212 - 2219 

SUPPORT @ 2150 - 2137 - 2121

IF PRICE TRADE BELOW 2178....BEARS MAY TRY TO KISS 2147.

SUPPOSE BULLS CAN TRADE AND SUSTAIN ABOVE 2178.....NEXT TARGET MAY BE

 2195 - 2219 LEVELS.

CLOSING ABOVE 2140 ... WE CAN SEE .....................LEVELS IN COMING DAYS..?????

LAST CLOSE 430

IF BULLS CAN CLOSE ABOVE 428......NEXT TARGET MAY BE 445...????

MAIN SUPPORT @ 427 - 421

LAST CLOSE @ 535

TRADE ABOVE 535....WE CAN SEE 546 INTRADAY TARGET..

CLOSING ABOVE 546.......NEXT TARGET MAY BE 555 - 563

MAIN RESISTANCE @ 546

MAIN SUPPORT @ 506

LAST CLOSE @ 345

TRADE ABOVE 345....WE CAN SEE 355 - 358 LEVELS VERY SOON.

MAIN SUPPORT @ 330 - 321

SELL AXIS BANK BELOW 1000 FOR 21/06/12

LAST CLOSE 1001

SELL BELOW 1000

STOP LOSS 1007

TARGET 994 - 990 - 982

MADE LOW 990

SUBJECT TO DISCLAIMER

SBI - RELINFRA ANALYSIS FOR 21/06/12

LAST CLOSE @ 2117

RESISTANCE @ 2127 - 2136 - 2150

SUPPORT @ 2099 - 2084 - 2061

SUPPOSE TRADING BELOW 2117....WITH VOLUME FOR 10- 15 MINUTES.....BEARS MAY TRY TO HIT 2084 IN INTRADAY.

CLOSING BELOW 2084.....MAY HELP BEARS...... TO SLIDE PRICE UPTO  2055 - 2037 LEVELS..

LAST CLOSE @ 515

RESISTANCE @ 520 - 524 - 530

SUPPORT @ 509 - 506 - 501

TRADING ABOVE 495....NO PROBLEM FOR BULLS

MAIN SUPPORT @ 491

MAIN RESISTANCE @ 535