NIFTY FUTURE STRATEGY FOR 19/07/12

YESTERDAY INDICATED.....STRONG SUPPORT @ 5175

YESTERDAY HIT LOW 5177...U TURN FROM THERE....AND HIT HIGH 5237.

TODAY WHAT TO EXPECT..??

ABOVE 5224....CAN SEE RALLY UPTO 5242 - 5248 LEVELS.

CROSSOVER 5248....WILL TOUCH 5260- 5272 LEVELS.

SUPPORT @ 5202 - 5188  - 5175

ALERT !!!!!  BELOW  5242....SHOWS BEARS IN STRENGTH

FOR INTRA...GO LONG ONLY ABOVE 5225...FOR TARGET 5242 - 5248 LEVELS.

ABOVE 5248....HURDLES @ 5260 - 5272 LEVELS

BULLS HAVE TO CLOSE ABOVE 5248 LEVELS FOR ANOTHER FIRE WORKS.

STRONG SUPPORT @ 5175

AXIS - ICICI - SBI ANALYSIS FOR 19/07/12

..

LAST CLOSE @ 1038

YESTERDAY  WRITTEN....ABOVE 1030....TAKE TO 1040...AND INDICATED STRONG SUPPORT @ 1023

MADE HIGH 1042

MADE LOW 1023

TODAY, IF PRICE CAN TRADE ABOVE 1038....MINOR RESISTANCE @ 1042....CROSSOVER 1042....SEE THE REAL POWER OF BULLS....CAN SEE RALLY UPTO 1050.....THEREAFTER 1058 AND 1062.

BELOW 1038...MAIN SUPPORT @ 1030 AND 1023

YESTERDAY INDICATED....TRADING BELOW 2200....WILL TAKE TO 2178 AND 2171 LEVELS.

HIT LOW 2162

TODAY,WHAT TO EXPECT ?

ONCE BREAK 2181 WITH VOLUME..THEN SEE NON SLIDE UPTO 2171 - 2160 LEVELS.

ABOVE 2186....CAN SEE FIRE WORKS UPTO 2197 - 2204 LEVELS.

THEREAFTER...2212 AND 2219 ARE HURDLES.

LAST CLOSE @ 939

RESISTANCE @ 945 - 950 - 957

SUPPORT @ 935 - 931 - 924