Wednesday, May 21, 2008

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 136 – Low of 135.05 & High of 139, closes above 136 @ 138.3
HINDCONS : Up only above 138 – High of 132.9 & then down.
ITC : Up only above 228. 223 becomes Support. High of 232.4 & closes above 228.
IDFC : Up only above 171 – Nowhere near 171 goes down.
IRB : Up only above 212 ( 217-219 becomes Resistance) – High 213.1.
POWERGRID : Up only above 103.2 ( 108 becomes Resistance) – High 105 & closes above 103.2 @ 103.5.
RPL : Up only above 188.5 ( 204-205 becomes Resistance) – High 193.5 & closes above 188 @ 192.85.
SAIL : Up only above 188 – High 184 then down.
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports) – High 925.5 closes above 851 & 881 @ 922 .
Readers who have followed these levels may have gained!!

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