Thursday, May 29, 2008

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 126. - High 124.5 – down.
HINDCONS : Up only above 121. – High 116.7 – then down.
ITC : Up only above 212. (228, 223 becomes Resistance). – High 223.95 – Close 215.95
IDFC : Up only above 154 – (171 is Resistance) . - High 153.4 –closes 147.4
IRB : Up only above 196 ( 212, 217-219 becomes Resistance). – High 186.4 – closes @ 181.8
POWERGRID : Up only above 100 ( 103.2, 108 becomes Resistance). – High 103 – closes above 100.
RPL : Up only above 183 ( 188.5, 204-205 becomes Resistance). – High 184.4 – closes @ 176.
SAIL : Up only above 172. (188 becomes Resistance). – High 168.5 – closes @ 160.95.
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). – Does not break 851 - High 922.8 – Closes above 881 .
Readers who would have followed the points would have gained.

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