Tuesday, May 20, 2008

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 136 – Low of 137 & High of 141, closes above 136 @ 138
HINDCONS : Up only above 138 – High of 137.5 & then down.
ITC : Up only above 228. 223 becomes Support.
IDFC : Up only above 171 – Nowhere near 171 goes down.
IRB : Up only above 212 ( 217-219 becomes Resistance) – High 210.85 & then down.
POWERGRID : Up only above 103.2 ( 108 becomes Resistance) – High 103.25 & then down.
RPL : Up only above 188.5 ( 204-205 becomes Resistance) – High 188 then down.
SAIL : Up only above 188 – High 190.95 then down.
TATA STEEL : Up only above 851 ( 812 becomes Support) – High 909.75 closes above 851 @ 894.85 .
Readers who have followed these levels may have gained!!

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