SBI-ICICI-AXIS-RELCAP-RELINFRA ANALYSIS FOR 12/06/12

LAST CLOSE @ 2165

RESISTANCE @ 2192 - 2218 - 2237

SUPPORT @ 2156  -2132 - 2120

DARK CLOUD PATTERN IN DAILY CHART...INDICATES REVERSAL..

EXPECT FALL FROM HERE

CLOSING BELOW 2120 FAVOURING  BEARS

LAST CLOSE @ 827

RESISTANCE @ 837 - 840 - 849

SUPPORT @ 823 -815 -813

TECHNICALLY WEAK

TRADING BELOW 840 ...SHOWING BEARS IN POWER...

ULTIMATE TARGET 810 - 796

LAST CLOSE @ 1037

RESISTANCE @ 1058 - 1062 -1072

SUPPORT @ 1031 - 1021 - 1019

TECHNICALLY WEAK....IF PRICE TRADE BELOW 1057...

CLOSE BELOW 1018....WILL TELL US THAT....AXIS BANK IS READY FOR CORRECTION UPTO 998 -996 LEVELS.

LAST CLOSE @ 333

RESISTANCE @ 344 - 350 - 355 U

SUPPORT @ 326 - 317  -305

AVOID BUYING...IF PRICE TRADE BELOW 326...

BREAK AND CLOSING BELOW 326....THEN NEXT TARGET MAY BE 313 - 310 LEVELS...

LAST CLOSE @ 510

RESISTANCE @ 516 - 522 - 530

SUPPORT @ 500 - 491 -478

TRADING BELOW 500...LEAD SHARP FALL....ULTIMATE TARGET MAY BE...

488 - 474

30 DAYS FREE CALLS

30 DAYS FREE CALLS

30 DAYS FREE CALLS FROM 4 JUNE   TO  13 JULY 

DAY 1 

SELL JUBILIANT FOOD WORKS BELOW 1222

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012_06_03_archive.html

DAY 2 

SBI BUY ABOVE 2045

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/sbi-buy-above-2045.html

DAY 3 

BUY ICICI BANK ABOVE 808

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012_06_06_archive.html

DAY 4 

BUY MARUTI ABOVE 1080

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/buy-maruti-above-1080.html

DAY 5

SELL BANK OF BARODA BELOW 720

HIT LOW 708

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/sell-bank-of-baroda-below-720-for.html

DAY 6

BUY DR.REDDY'S ABOVE 1624 

ALMOST HIT TARGET

CLICK ON LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/buy-drreddy-above-1624.html

BUY DR.REDDY ABOVE 1624 FOR 11/06/12

LAST CLOSE @ 1621

BUY ABOVE 1624

STOP LOSS BELOW 1615

TARGET 1639 - 1645


TODAY HIT 1638.40

SUBJECT TO DISCLAIMER

MINDTREE

LAST CLOSE @ 614

SELL BELOW 613

TARGET 601 - 592

STOP LOSS 619


NOT INITIATE CALL

SUBJECT TO DISCLAIMER

NIFTY FUTURE STRATEGY FOR 11/06/12

LAST CLOSE @ 5059

RESISTANCE @ 5079 - 5092 - 5126 - 5140  -5150

SUPPORT @ 5046 - 5037 -5028 -4981

MAIN HURDLES @ 5074 - 5079 - 5092

TRADING ABOVE 5074 AND 5092 ...NO PROBLEM FOR BULLS.

CLOSING ABOVE 5074...NEXT TARGET MAY BE...????

WILL UPDATE DURING MARKET HOURS...

ULTIMATE TARGET 5262...???

WHY?

CLICK ON LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/nifty-future-strategy-for-070612.html

SBI - ICICI - AXIS STRATEGY FOR 11/06/12

LAST CLOSE @ 2179

RESISTANCE @ 2192 - 2207 -2216 -2234

SUPPORT @ 2156 - 2168 - 2150 - 2132

TRADING ABOVE 2192....NO PROBLEM FOR BULLS

IF PRICE TRADE ABOVE 2192 FOR 5- 10 MINUTES WITH VOLUME...BULLS MAY TRY TO KISS 2132 LEVEL SOON..

TRADING BELOW 2156 ....INDICATES WEAKNESS

LAST CLOSE @ 829

RESISTANCE @ 836 -843 -854

SUPPORT @ 815 - 813 -807

STIFF RESISTANCE @ 840- 843 LEVELS...

TRADING ABOVE 843...FOR 5 - 10 MINUTES WITH VOLUME ...NEXT TARGET MAY BE 854 NOT RULED OUT....

LAST CLOSE @ 1049

RESISTANCE @ 1062 - 1068 - 1076

SUPPORT @ 1038 - 1021 - 1017

BULLS NEED TO CLOSE ABOVE 1068....FOR ANOTHER UPSIDE MOVE...

30 DAYS FREE CALLS

30 DAYS FREE CALLS FROM 4 JUNE   TO  13 JULY 

DAY 1 
SELL JUBILIANT FOOD WORKS BELOW 1222
ALL TARGET HITS

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012_06_03_archive.html

DAY 2 

SBI BUY ABOVE 2045

ALL TARGET HITS

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/sbi-buy-above-2045.html

DAY 3 

BUY ICICI BANK ABOVE 808

ALL TARGET HITS

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012_06_06_archive.html

DAY 4 

BUY MARUTI ABOVE 1080

ALL TARGET HITS

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/buy-maruti-above-1080.html

DAY 5

SELL BANK OF BARODA BELOW 720

HIT LOW 708

CLICK LINK FOR DETAILS

http://technicalanalysiscentre.blogspot.in/2012/06/sell-bank-of-baroda-below-720-for.html

SELL BANK OF BARODA BELOW 720 FOR 08//06/12

LAST CLOSE 720

SELL BELOW 720

STOP LOSS 732

TARGET 705 - 699


MADE LOW 708..
Subject To Disclaimer

NIFTY FUTURE STRATEGY FOR 08/06/12

LAST CLOSE @ 5029

RESISTANCE @ 5037 - 5046 - 5056 -5065

SUPPORT @ 5011 - 4981 -4966 -4945

TRADING ABOVE 5011...NO PROBLEMS FOR BULLS.

STRONG RESISTANCE @ 5056

BULLS HAVE TO BREAK AND CLOSE ABOVE 5056 FOR ANOTHER FIRE WORKS.

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