SBI - AXIS - ICICI - RELIANCE CAPITAL ANALYSIS

MAIN SUPPORT @  2013 - 1986 -1970

MAIN RESISTANCE @ 2040 -2069 - 2084

MAIN RESISTANCE @ 1030 - 1046 - 1050

MAY HIT 1070 IN COMING DAYS...NOT RULED OUT

MAIN SUPPORT @ 998 - 990 -984

MAIN SUPPORT @ 815 - 797

MAIN RESISTANCE @ 854 - 864 -875

MAIN RESISTANCE @ 326 - 331 - 335

MAIN SUPPORT @ 307 - 295

NIFTY STRATEGY FOR 8/05/12

LAST CLOSE 5126



MAIN RESISTANCE @ 5140 - 5158 -5177 - 5190......






MAIN SUPPORT @ 5134 - 5101 -5083 -5064 

SBI 9/5

MAIN SUPPORT @  1922 - 1876 - 1820

MAIN RESISTANCE @ 2011 - 2040 - 2048

MAIN RESISTANCE @ 1020 - 1030 

MAIN SUPPORT @ 968 - 955 -930 

MAIN SUPPORT @ 815 - 797

MAIN RESISTANCE @ 854 - 864 -875

MAIN RESISTANCE @ 320 -326

MAIN SUPPORT @  295 - 291 -282

support  @  477 - 466 -446

Resistance @ 513 - 518

support @ 110 - 106

Resistance @ 116 - 118 - 120

NIFTY FUTURE STRATEGY FOR 7/05/12

Last Close @ 5098


Main Resistance @ 5101 - 5135 - 5141 -5151 


Main Support @ 5083 - 5064 - 5055 -5049 -5034

BREAKDOWN TRIANGLE PATTERN

TRIANGLE HEIGHT 188 POINTS

SO 5188 - 188 = 5000 TARGET

TATA STEEL ANALYSIS

         

LAST CLOSE @ 432

IF TRADE BELOW 432 FOR 10 -15 MINUTES WITH VOLUME ,............WE CAN SEE FREE FALL UPTO 
                                  428-  421 -416 -408


STOP LOSS ABOVE 435

SBI - AXIS BANK - ICICI ANALYSIS

MAIN SUPPORT @ 1982 - 1970 -1927

MAIN RESISTANCE @ 2017 - 2038 -2059 - 2069

GOLDEN RATIO (61.8%) @ 1947 LEVEL.CLOSING BELOW 1947 HELPS BEARS TO EXTENT THE FALL FURTHER..

@ 984

SUPPOSE PRICE CLOSE BELOW 984, WE CAN SEE 955 IN COMING DAYS..

MAIN SUPPORT @ 999 - 991 -984 -955

MAIN RESISTANCE @ 1020 - 1038 - 1046 -1050

MAIN SUPPORT @ 833 - 815 - 810 -797

MAIN RESISTANCE @ 847 -853

INFOSYS ANALYSIS

MAIN RESISTANCE @ 2498 AND 2523

SUPPORT BECOMES RESISTANCE @ 2555

NIFTY ANALYSIS

CLOSING BELOW 20,50,100 AND 200 SMA FAVOURING BEARS..NEGATIVE FOR BULLS.

LAST CLOSE 5087

MAIN SUPPORT @ 5050 AND 5004

PRICE CLOSING BELOW ICHIMOKU CLOUD.RSI BELOW 50 % SHOWING LOSING MOMENTUM,FAVOURING BEARS.....

BREAKING TRENDLINE......

BREAKDOWN TRIANGLE PATTERN

TRIANGLE HEIGHT 188 POINTS

SO 5188 - 188 = 5000 TARGET

AXIS BANK ANALYSIS

CLOSING BELOW 100 SMA AND 200 SMA FAVOURING BEARS.

MAIN SUPPORT @ 984 AND 955

GOLDEN RATIO @ 984.SUPPOSE PRICE CLOSE BELOW 984, WE CAN SEE 955 IN COMING DAYS..

SUPPORT @ 984 - 955 - 917

VIOLATING UP TRENDLINE

SBI ANALYSIS

LAST CLOSE 1996

MAIN SUPPORT @ 1926 -1921 RANGE..

CLOSING BELOW 100 SMA AND 200 SMA NEGATIVE FOR BULLS...

CLOSING BELOW  LOWER BAND OF BOLLINGER BAND.WE CAN EXPECT SOME RELIEF RALLY FROM 1926 -1921 RANGE.....

GOLDEN RATIO (61.8%) @ 1947 LEVEL.CLOSING BELOW 1947 HELPS BEARS TO EXTENT THE FALL FURTHER..

IN MACD NO BUY SIGNAL YET....CLOSING BELOW ICHIMOKU CLOUD.ALL SIGNALS ARE IN FAVOUR OF BEARS ONLY.