Sunday, June 24, 2012

NIFTY FUTURE STRATEGY FOR 25/06/12




LAST CLOSE @ 5151

RESISTANCE @ 5156 - 5167 - 5179 - 5191- 5210

SUPPORT @ 5144 - 5090 - 5085 - 5072 - 5062 -5047

IN INTRADAY....IF PRICE TRADING ABOVE 5156....BULLS MAY TRY TO KISS 5179 - 5191 LEVELS.

BUT THERE IS A MINOR RESISTANCE @ 5167....WATCH THIS LEVEL.

MAIN HURDLES @ 5191 - 5210


TECHNICALLY BULLISH ....IF PRICE CAN TRADE AND SUSTAIN ABOVE 5085 LEVEL.



CROSS ABOVE 5210...BULLS WILL TAKE TO 5234 LEVEL.

SUPPOSE TRADING BELOW 5151....CORRECTION MAY BE POSSIBLE TO 5144 - 5090 LEVELS.

CLOSING BELOW 5112....WILL TAKE TO 5055 - 5050 LEVELS....??????

WAIT AND SEE





AXIS - SBI - ICICI - RELIANCE INFRA ANALYSIS FOR 25/06/12




LAST CLOSE @ 1014

RESISTANCE @ 1022 - 1029 - 1038

SUPPORT @ 998 - 994 - 990
TRADING BELOW 1014...INDICATES BEARS IN POWER

TRADING BELOW 1014....BEARS MAY TRY TO EXTENT THE FALL UPTO 998 - 990 LEVELS.

 STIFF RESISTANCE @ 1022 - 1029 LEVELS.

TRADING  ABOVE 1014....BULLS MAY TRY TO HIT 1022 -1029 LEVELS.

SUPPOSE CLOSING BELOW 1015...NEXT TARGET MAY BE 1000 - 989 LEVELS.

CLOSING BELOW 989...WE CAN SEE SHARP FALL UPTO .......??????

UPDATE DURING MARKET HOURS.



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LAST CLOSE @ 852

RESISTANCE @ 858 - 865 - 870

SUPPORT @ 840 - 833 - 827

TECHNICALLY STRONG

MAIN SUPPORT @ 840 - 832

TRADING ABOVE 855....NEXT TARGET MAY BE....865 - 870 LEVELS IN INTRADAY ????.

MAIN RESISTANCE @ 864 AND 871


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LAST CLOSE @ 2158

RESISTANCE @ 2185 - 2192 - 2212

SUPPORT @ 2129 - 2097 - 2082

TRADING BELOW 2158....MAY LEADS TO 2129 LEVEL IN INTRADAY.

STIFF RESISTANCE @ 2185

STIFF SUPPORT @ 2128

CLOSING BELOW 2158....MAY TAKE TO 2138 - 2131 LEVELS.

BULLS NEED TO CLOSE ABOVE 2183...FOR ANOTHER FIRE WORKS.


LAST CLOSE @ 537

RESISTANCE @ 543 - 546 - 554

SUPPORT @ 523 - 519 - 513

TRADING ABOVE 537....NEXT TARGET MAY BE 546 IN INTRADAY.

MAIN RESISTANCE @ 543 - 555 LEVELS

TRADING BELOW 537 ....CORRECTION IS POSSIBLE TO 523 LEVEL.

MAIN SUPPORT @ 509



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