SBI - AXIS - ICICI - RELCAP RELINFRA ANALYSIS FOR 08/08/12

LAST CLOSE @ 2168

RESISTANCE @ 2189 - 2207 - 2216

SUPPORT @ 2157 - 2150 - 2125

IF BULLS CAN'T TRADE ABOVE 2189.... WE CAN SEE SELLING PRESSURE....

BEARS MAY TRY TO KISS 2128 LEVEL.

LAST CLOSE @ 1057

RESISTANCE @ 1068 - 1076 - 1094

SUPPORT @ 1050 - 1038 - 1019

EXPECT SOME PROFIT BOOKING @ 1070 - 1076 LEVELS.

YESTERDAY BOLDLY WRITTEN....ULTIMATE TARGET MAY BE 1060....YESTERDAY HIT HIGH 1062

LAST CLOSE @ 830

RESISTANCE @ 841 - 844 - 854

SUPPORT @ 824  - 817 - 815

STRONG RESISTANCE @ 841 LEVEL.

LAST CLOSE @ 337

RESISTANCE @ 340 - 345 -348

SUPPORT @ 326 - 317 - 313

LAST CLOSE @ 483

RESISTANCE @ 489 - 493 -509

SUPPORT @ 480 - 475- 465

STRONG RESISTANCE @ 490 - 493 LEVELS...

SUPPOSE TRADING ABOVE 493...BULLS MAY TRY TO KISS 510 - 513  LEVELS..

BUY ICICI BANK ABOVE 808

LAST CLOSE @ 808

BUY ABOVE 808

STOP LOSS 797

TARGET 819 - 825

INTRADAY 17 POINTS GAIN

NIFTY FUTURE STRATEGY FOR 07/06/12

LAST CLOSE @ 4979

RESISTANCE @ 5011 - 5028 - 5046 - 5056

SUPPORT @ 4940 - 4925 - 4882 - 4877

MAIN RESISTANCE @ 5011

DOUBLE BOTTOM PATTERN ????

HEIGHT OF PATTERN 251

IF BULLS CAN BREAK AND CLOSE ABOVE 5011....NEXT TARGET MAY BE....

5011 + 251 = 5262   ?????

WAIT AND SEE

SBI - AXIS - RELINFRA - TATA MOTORS ANALYSIS FOR 07/06/12

LAST CLOSE @ 2158

RESISTANCE @ 2188 - 2207 - 2216

SUPPORT @ 2150 - 2118 - 2105

TECHNICALLY STRONG

EXPECT SOME PROFIT BOOKING @ 2215 - 2220 LEVELS....

LAST CLOSE @ 1020

RESISTANCE @ 1028 - 1032 - 1038 -1050

SUPPORT @ 1012 - 998 - 992 - 983

TECHNICALLY STRONG ABOVE 987

ULTIMATE TARGET MAY BE 1060....???

LAST CLOSE @ 471

RESISTANCE @ 479 - 484 - 492

SUPPORT @ 457 - 454 - 446

DOUBLE BOTTOM PATTERN FORMED...

HEIGHT OF PATTERN 64

IF BREAKOUT HAPPEN ABOVE 480....TARGET MAY BE 

480 + 64 = 544

SO ULTIMATE TARGET 544...???

LAST CLOSE @ 234

RESISTANCE @ 239 - 245 - 254

SUPPORT @ 229 - 223 - 220

MAIN RESISTANCE @ 24

MAIN SUPPORT @ 217

BUY MARUTI ABOVE 1080

LAST CLOSE @ 1079

BUY ABOVE 1080

STOP LOSS 1060

TARGET 1117




INTRADAY 35 POINTS GAIN

SBI _ AXIS - ICICI - RELINFRA - TATA MOTORS ANALYSIS FOR 06/06/12

LAST CLOSE @ 2083

RESISTANCE @ 2089 - 2110 - 2118

SUPPORT @ 2061 - 2038 - 2017

TRADING ABOVE 2077.... NO PROBLEM 

FOR BULLS.

SUPPOSE CLOSING BELOW 2077...THEN BEARS MAY TRY TO EXTENT THE FALL UPTO 2017 LEVEL.

MAIN RESISTANCE @ 2150

MAIN SUPPORT @ 2017

LAST CLOSE @ 990

RESISTANCE @ 996 - 1012 - 1017

SUPPORT @ 984 - 975 - 964

TRADING ABOVE 984... NO PROBLEM FOR BULLS..

SUPPOSE BREAK AND CLOSE BELOW 984.....MAY SEE NON STOP SLIDE UPTO 

964 - 957 LEVELS VERY SOON  .

LAST CLOSE @ 792

RESISTANCE @ 804 - 807 - 819

SUPPORT @ 787 - 779 - 767

TECHNICALLY WEAK , IF TRADE BELOW 807..

MAIN SUPPORT @ 767

LAST CLOSE @ 450

RESISTANCE @ 458 - 461 - 464

SUPPORT @ 442 - 432 - 427

IF BULLS CAN CLOSE ABOVE 457....THEN NEXT TARGET MAY BE 470 - 477 LEVELS NOT RULED OUT....

TECHNICALLY WEAK... TRADE BELOW 455

CONTINUOUSLY TRADING BELOW 455...MAY LEAD TO FALL UPTO 432 - 427 LEVELS

LAST CLOSE @ 222

RESISTANCE @ 230 - 236 - 239

SUPPORT @ 217 - 213 - 206

MAIN SUPPORT @ 217

NIFTY FUTURE STRATEGY FOR 06/06/12

LAST CLOSE @ 4846

RESISTANCE @ 4879 - 4886 - 4906 - 4915

SUPPORT @ 4822 - 4815 - 4782 - 4768

MAIN RESISTANCE @ 4886

MAIN SUPPORT @ 4815

SBI BUY ABOVE 2045

BUY ABOVE 2045

STOP LOSS BELOW 2017

TARGET 2078 - 2089 - 2101

INTRADAY 50 POINTS GAIN

SBI- AXIS-ICICI-RELCAP-RELINFRA-TATA MOTORS ANALYSIS FOR 05/06/12

LAST CLOSE @ 2046

RESISTANCE @ 2054 - 2080 - 2090 -2100

SUPPORT @ 2017 - 1974 - 1960 - 1954

MAIN SUPPORT @ 1960 - 1920

TODAY BULLS MAY TRY TO KISS 2080...

SUPPOSE PRICE CLOSE BELOW 1960...IT INDICATES...BEARS IN POWER..SO WATCH 1960 LEVEL CAREFULLY..

LAST CLOSE @ 988

RESISTANCE @ 995 - 1000 - 1012 - 1017

SUPPORT @ 982 - 964 - 957 - 944

TRADING ABOVE 983 POSITIVE FOR BULLS.

BULLISH ENGULFING PATTERN FORMED....EXPECT REVERSE FROM HERE...

LAST CLOSE @ 789

RESISTANCE @ 797 - 802 - 807

SUPPORT @ 779 - 768

LAST HOPE FOR BULLS @ 768

MAIN RESISTANCE @ 807 -810 LEVELS...

BULLISH ENGULFING PATTERN FORMED....

LAST CLOSE @ 438

RESISTANCE @ 444 - 453 - 458

SUPPORT @ 428  -416

LAST HOPE FOR BULLS @ 416

LAST CLOSE @ 229

RESISTANCE @ 236 - 240 - 252

SUPPORT @ 223 - 217 - 212

MAIN SUPPORT @ 217

TRADING ABOVE 222 POSITIVE FOR BULLS...

NIFTY FUTURE STRATEGY FOR 05/06/12

LAST CLOSE @ 4841

RESISTANCE @ 4852 - 4879 - 4894 - 4915

SUPPORT @ 4812 - 4782 - 4761 - 4750

BULLS HAVE TO CLOSE ABOVE 4894 FOR NEXT UP MOVE.

MAIN SUPPORT @ 4750 - 4720