NIFTY FUTURE - ICICI - AXIS BANK STRATEGY FOR 06/09/12

LAST CLOSE @ 5253

TECHNICALLY WEAK

TRADING BELOW 5258....INDICATING BEARS IN CONTROL

WILL TAKE TO 5240 -5230 - 5222

ONCE BREAK BELOW 5222 FOR 10- 15 MINUTES

SEE REAL FACE OF BEARS

UPTO 5206- 5188.....IN HOURS ONLY

ALERT !!!

CLOSING BELOW 5275- 5270 LEVELS FOR 3 CONSECUTIVE DAYS + WEEKLY CLOSING

TARGET INTACT 5160 - 5150 

LAST CLOSE @ 930

LAST HOPE FOR BULLS

922- 917

THEREAFTER

SEE SHARP FALL UPTO 897 -893 LEVELS

RESISTANCE @ 944 - 950

LAST CLOSE @ 880

STRONG SUPPORT @ 870

IF PRICE CAN TRADE AND SUSTAIN ABOVE 884

TARGET FOR BULLS

892- 895 - 905

ALERT !!!

CLOSING BELOW 876

ULTIMATE TARGET 855...IN COMING DAYS

Subject To Disclaimer