NIFTY FUTURE STRATEGY FOR 16/07/12

LAST CLOSE @ 5241

LAST FRIDAY INDICATED.....IF PRICE CAN TRADE AND SUSTAIN ABOVE 5250....WILL TAKE TO 5272 - 5280 LEVELS AND BELOW 5248....NEXT TARGET MAY BE 5228-5220 LEVELS.

HIT HIGH 5277

HIT LOW 5228.50

TODAY...WHAT TO EXPECT?

TRADE ABOVE 5242....NEXT TARGET MAY BE 5250 - 5263 LEVELS.

THEREAFTER....5272 AND 5280 LEVELS.

BELOW 5240...MAY TOUCH 5225 - 5215 LEVELS.

THEN SUPPORT @ 5203 AND 5190

STRONG SUPPORT @ 5185

STIFF RESISTANCE @ 5280 - 5289 LEVELS.

TCS - ICICI - AXIS - SBI ANALYSIS FOR 16/07/12

TRADING BELOW 1249.....WILL TAKE TO 1243 - 1239 LEVELS.

THEREAFTER 1235 

CLOSING BELOW 1240....BEARS MAY TRY TO HIT 1219 VERY SOON.

STRONG SUPPORT @ 1238

SUPPOSE TRADING ABOVE 1252....NEXT TARGET MAY BE 1259 AND 1264

CROSSOVER 1264.....WILL TEST 1270

LAST FRIDAY INDICATED....ABOVE 1050....TRY TO HIT 1063 AND SUPPOSE TRADE BELOW  1050...CAN SEE SLIDE UPTO 1035 AND 1031

HIT HIGH 1062

HIT LOW 1031

TODAY, WHAT TO EXPECT..???

STRONG SUPPORT @ 1025

IF BULLS CAN TRADE ABOVE 1039.....THEN TRY TO HIT 1043 AND 1049

CROSSOVER 1049...WILL TAKE TO 1060

BELOW 1035....NEXT SUPPORT @ 1025 AND 1016

THEREAFTER TARGET MAY BE  1010

FRIDAY WRITTEN....ABOVE 2222...WILL TAKE TO  2235 AND 2239 LEVELS AND IF TRADE BELOW 2220....MAY LEAD TO 2192 AND 2186 LEVELS.

MADE HIGH 2234

MADE LOW 2171

TODAY, WHAT TO EXPECT..???

TRADE ABOVE 2180...WILL KISS 2191- 2195 LEVELS....THEREAFTER 2204 AND 2212

BELOW 2178....SUPPORT @ 2171 AND 2167

STRONG SUPPORT @ 2167

BELOW 2167....BEARS TRY TO HIT 2160 AND 2150

CLOSING BELOW 2167....ULTIMATE TARGET MAY BE 2135....2130 LEVELS..????

LAST FRIDAY WRITTEN.....ABOVE 931....NEXT TARGET MAY 935 AND 938 AND BELOW 928.....TAKE TO 922

MADE HIGH 936

LOW 923

TODAY.....IF PRICE CAN TRADE AND SUSTAIN ABOVE 926...WILL TOUCH 930 - 935 LEVELS.

CROSSOVER 935... NEXT TARGET MAY BE 938 AND 940.

BELOW 926...TARGET MAY HIT 922 AND 912

THEREAFTER 896

STRONG SUPPORT @ 922 AND 912

STIFF RESISTANCE @ 945

CLOSING BELOW 926....THEN ULTIMATE TARGET 910 IN COMING DAYS.?????