Sunday, June 29, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch: 4194
Support : 4101….4049….4017…3996
Resistance: 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400, 4448, 4460(68)
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 69.4
HINDCONS : Up only above 83.65
IDFC : Watch 112-13
IRB : Up only above 149
ITC : Up only above 183.15
POWERGRID : Up only above 83 - Support 79-80
RPL : Up only above 176 – Support 166
SAIL : Up only above 143.75 – Support 141
TATA STEEL : Up only above 734
RELIANCE IND: Up only above 2133
ZEE EL: Up only above 211.50 – Support 204

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09days Top to Top)
From Top of 4679.75 of 18th June,08 to
Low of 4093.2 of 25th June,08 - 5 days (11days Low to Low)
From Low of 4093.2 of 25th June,08 to
Top of 4324.75 of 26th June,08 – 1 day (06 days Top to Top)
From Top of 4324.75 of 26th June, 08 to
Ongoing Low of 4119.2 of 27th June, 08 – 1 day (ongoing)
Next Time Frame to watch: 3rd & 6th July08!

NIFTY TECHNICALS ( SPOT ) – 23.06.08 to 27.06.2008- WEEKLY REVIEW

Said on Sunday 22nd June, 2008:
"Point to Watch: 4340.6
Support : 4340.6, 4318….4254, 4227…
Resistance: 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)”
- Could not sustain above 4340.6 crossed it only once that too opening of the week basis.
- Imminent crash as per my Point to Watch Theory – new recent Low formed @ 4093.2!!!Conclusion: A week which showed that if the Point to Watch is not crossed – the markets go down!!! Readers who followed this may have gained!

STOCK TECHNICALS ( SPOT ) - 23.06.08 to 27.06.2008- WEEKLY REVIEW

Said on Sunday 22nd June, 2008:
AIRDECCAN : Up only above 91.7 – High of 95.7 & all other days below 91.7 – Closed @ 69.8 on Fri.
HINDCONS : Up only above 108.3 – High of 108.9 – Closed @ 84.15
IDFC : Watch 118.75 – High of 124.95 - Closes @ 113.35
ITC : Up only above 196.45 - High of 204.25 – Closed @ 183.7
IRB : Up only above 178.6 – High 179 – Closes @ 150.50
POWERGRID : Up only above 86.65 – High of 97.4 – Closes @ 80.1
RPL : Up only above 170.1 – High 178.3 - Closes @ 173.65
SAIL : Up only above 153.35 – High 155.95 - Closes @ 144.2
TATA STEEL : Up only above 774.45 – Resistance 820, 832, 851- High 795 - Closes @ 726.75
RELIANCE IND: Up only above 2087.25 – High 2259.9 – Closes @ 2182.65
ZEE EL: Up only above 220.1 – High of 226 – Closes @ 213.25
Conclusion: Only RPL & Reliance stayed above their point - rest you can se fell like nine pins!

TIME BASED TECHNICALS ( Weekly Review )

Said on Sunday 22nd June08:
“Next Time Frame to watch: 24th, 26th & 28th June08”! (28th was a holiday)
- SPOT ON!!

Thursday, June 26, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch: 4340.6
Support : 4254, 4227, 4176, 4168….4101….4049
Resistance: 4318, 4340.6, 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 91.7 - Closes @ 75.85 - down
HINDCONS : Up only above 108.3 - Closes @ 97 - down
ITC : Up only above 196.45 – Closes @ 191.75 - down
IDFC : Watch 118.75 – High 124.95 – Closes @ 121.05 - up
IRB : Up only above 178.60 – Closes @ 167.7 - down
POWERGRID : Up only above 86.65 – Closes @ 83.8 - down
RPL : Up only above 170.1 – High 174.75 – Closes @ 174.1 - up
SAIL : Up only above 153.35 – Support 141 – Support 141 intact – Closes @ 154.65 - up
TATA STEEL : Up only above 774.5 – Resistance 820, 832, 851 – Closes @ 756.55 - down
RELIANCE IND: Up only above 2087.25 – Closes @ 2239.55 - up
ZEE EL: Up only above 220.10 – Support 204 – High 226 – Support 204 intact – Closes @ 221.7 - up
Out of 11 scrips :
Above Point - 5 scrips
Below Point - 6 scrips
On Point - none

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09days Top to Top)
From Top of 4679.75 of 18th June,08 to
Low of 4093.2 of 25th June,08 - 5 days (11days Low to Low)
From Low of 4093.2 of 25th June,08 to
ongoing Top of 4324.75 of 26th June,08 - 1 day (on going)

Next Time Frame to watch: 24th, 26th & 28th June08
- spot on

Wednesday, June 25, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch: 4340.6
Support : 4176, 4168….4101….4049
Resistance: 4254, 4227, 4318, 4340.6, 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)
- Closes just below mentioned Resistance 1
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 91.7 - Closes @ 79.10 - down
HINDCONS : Up only above 108.3 - Closes @ 100.35 - down
ITC : Up only above 196.45 – Closes @ 186.45 - down
IDFC : Watch 118.75 – High 122 – Closes @ 120.6 - up
IRB : Up only above 178.60 – Closes @ 163.9 - down
POWERGRID : Up only above 86.65 – Closes @ 79.3 - down
RPL : Up only above 170.1 – High 171.3 – Closes @ 170.3 - up
SAIL : Up only above 153.35 – Support 141 – Support 141 intact – Closes @ 150.85 - down
TATA STEEL : Up only above 774.5 – Resistance 820, 832, 851 – Closes @ 742.6 - down
RELIANCE IND: Up only above 2087.25 – Closes @ 2136 - up
ZEE EL: Up only above 220.10 – Support 204 – High 222 – Support 204 intact – Closes just above point @ 220.55
Out of 11 scrips:
Above Point: 3 scrips
Below Point: 7 scrips
On Point: 1 scrip

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09days Top to Top)
From Top of 4679.75 of 18th June,08 to
ongoing Low of 4093.2 of 25th June,08 - 5 day (11days Low to Low on going)

Next Time Frame to watch: 26th & 28th June08

Tuesday, June 24, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch: 4340.6
Support : 4176, 4168….4101….4049
Resistance: 4254, 4227, 4318, 4340.6, 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)
Caution!
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 91.7 - Closes @ 84.05 - down
HINDCONS : Up only above 108.3 - Closes @ 99.05 - downITC : Up only above 196.45 – Closes @ 191.5 - down
IDFC : Watch 118.75 – High 122 – Closes @ 116.9 - down
IRB : Up only above 178.60 – Closes @ 163.9 - down
POWERGRID : Up only above 86.65 – Closes @ 81.55 - down
RPL : Up only above 170.1 – High 170.5 – Closes @ 163.8 - down
SAIL : Up only above 153.35 – Support 141 – Support 141 intact – Closes @ 146.15 - down
TATA STEEL : Up only above 774.5 – Resistance 820, 832, 851 – Closes @ 711.1 - down
RELIANCE IND: Up only above 2087.25 – Closes @ 2062.7 - down
ZEE EL: Up only above 220.10 – Support 204 – High 225.7 – Support 204 intact – Closes just above point @ 220.65

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09days Top to Top)
From Top of 4679.75 of 18th June,08 to
ongoing Low of 4156.1 of 24th June,08 - 4 days (10days Low to Low on going)

Next Time Frame to watch: 26th & 28th June08
- 24th Plays both sides

Monday, June 23, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch: 4340.6
Support : 4340.6, 4318….4254, 4227…
Resistance: 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)
- High 4351.15 (opening)
– Tests mentioned Support 4 (4227)
– Closes above Support 3 (4254) @ 4266.4
Now,
Point to Watch: 4340.6
Support : 4254, 4227…4176, 4168….4101….4049
Resistance : 4318, 4340.6, 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 91.7 - Closes @ 88.8 - down
HINDCONS : Up only above 108.3 - High 108.9 – Closes @ 102.7 - down
ITC : Up only above 196.45 – Closes just below 196.45 @ 195.4 - down
IDFC : Watch 118.75 – High 119.95 – Closes @ 116.25 - down
IRB : Up only above 178.60 – High 179 – Closes @ 171.7 - down
POWERGRID : Up only above 86.65 – High 86.8 – Closes @ 84.15 - down
RPL : Up only above 170.1 – High 172.6 – Closes @ 168 - down
SAIL : Up only above 153.35 – Support 141 – High 155.45 – Support 141 intact – Closes @ 147.2 - down
TATA STEEL : Up only above 774.5 – Resistance 820, 832, 851 – Closes @ 745.75 - down
RELIANCE IND : Up only above 2087.25 – High 2082.9 – Closes @ 2025.7 - down
ZEE EL : Up only above 220.10 – Support 204 – High 223.75 – Support 204 intact – Closes @ 222.1 - up
Out of 11 scrips:
Below Point - 10 scrips
Above Point - 1 scrip
On Point - none

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09days Top to Top)
From Top of 4679.75 of 18th June,08 to
ongoing Low of 4225.5 of 23rd June,08 - 3 day (09days Low to Low on going)

Next Time Frame to watch: 24th, 26th & 28th June08

Sunday, June 22, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch: 4340.6
Support : 4340.6, 4318….4254, 4227…
Resistance: 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 91.7
HINDCONS : Up only above 108.3ITC : Up only above 196.45
IDFC : Watch 118.75
IRB : Up only above 178.60POWERGRID : Up only above 86.65
RPL : Up only above 170.1
SAIL : Up only above 153.35 – Support 141
TATA STEEL : Up only above 774.5 – Resistance 820, 832, 851
RELIANCE IND: Up only above 2087.25
ZEE EL: Up only above 220.10 – Support 204

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09 days Top to Top)
From Top of 4679.75 of 18th June,08 to
ongoing Low of 4333.6 of 20th June,08 - 2 day (08 days Low to Low on going)
Next Time Frame to watch: 24th, 26th & 28th June08

NIFTY TECHNICALS ( SPOT ) – 16.06.08 to 20.06.2008 - WEEKLY REVIEW

Said on Sunday 15thJune, 2008:
"Point to Watch: 4504
Support : 4504, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4523, 4565, 4588, 4640(50), 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
- Comes close to mentioned 5th Resistance 4687(91) @ 4679.75 ( Week’s High)
- This week was an important for my Point to Watch theory because it showed
the overall market behavior above & below the said point. First half of the week
above 4504 which made it almost reach 5th Resistance 4687. Then its closing
exactly at 4504.25 on Thursday (thus proving the importance of the point) &
then the slide on Friday on its inability to hold above it & thereby making (on
the same day) a low at 4333.6 almost reaching Support 7th @ 4318!!!
Conclusion: A sure fire week that proves my Points to Watch theory in both directions. Readers who followed this may have gained on both sides of the Point. (I had already alerted you of a possible break of Lows for Friday!)

STOCK TECHNICALS ( SPOT ) - 16.06.08 to 20.06.2008- WEEKLY REVIEW

Said on Sunday 15th June, 2008:
AIRDECCAN : Up only above 105.05 – High of 109 – Closed @ 93.2 on Fri.
HINDCONS : Up only above 117-18 Support 113.6 – High of 121.85 – Closed @ 108.9
ITC : Up only above 196.4 - High of 207.25 – Remained below 219 – Closed @ 198.4
IDFC : Watch 126 – High of 142.15 - Closes @ 119.2
IRB : Up only above 179 – High 195 – Closes @ 180.60
POWERGRID : Up only above 85 – High of 93.2 – Closes @ 87.2
RPL : Up only above 181 – Tuesday made Low of 165.1 & did not violate through the week – High 187.8 - Closes @ 170.9
SAIL : Up only above 162 – High 170.4 - Closes @ 154.15
TATA STEEL : Up only above 832 – High 865 - Closes @ 777.4
RELIANCE IND: Up only above 2286 – High 2350 – Closes @ 2099.2
ZEE EL: Up only above 219 – High of 252 – Closes @ 222.10
Conclusion: All scrips gave movements on both sides of the “Up only above” point - conclusion same as Nifty Technicals!!

TIME BASED TECHNICALS ( Weekly Review )

Said on Sunday 15th June08
“Next Time Frame to watch: 19th & 21st June08”!
- SPOT ON!!

Thursday, June 19, 2008

NIFTY TECHNICALS ( SPOT

Point to Watch: 4504
Support : 4504, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4523, 4565, 4588, 4640(50),4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
See the magic of the points – yesterday 3-4 scrips closed just around it & today Nifty closes on it @ 4504.25
We may test previous Lows if 4504 broken. Caution needed!
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 105.05 – down!
HINDCONS : Up only above 117-18, Support 113.6 – down!
ITC : Up only above 196.4 – closes @ 205.8 - up
IDFC : Watch 126 – Resistance 133.55 – down!
IRB : Up only above 179. – closes @ 182.60 - up
POWERGRID : Up only above 85. – closes @ 89.25 - up
RPL : Up only above 181 – down!
SAIL : Up only above 162 – down!
TATA STEEL : Up only above 832. Support 820, Resistance 851 – down!
RELIANCE IND: Up only above 2286 – down!
ZEE EL: Up only above 219. – closes above it @ 242.6 – up
Out of 11 scrips:
Below Point - 7 scrips
Above Point - 4 scrips
On Point - none

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09days Top to Top)
From Top of 4679.75 of 18th June,08 to
ongoing Low of 4488.95 of 19th June,08 - 1 day (on going)
Next Time Frame to watch: 19th & 21st June08
- Again Time Frame proved correct!!

Wednesday, June 18, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4504
Support : 4565, 4523, 4504, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4588, 4640(50),4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 105.05 – does not close above it
HINDCONS : Up only above 117-18, Support 113.6 – again just below 117-18
ITC : Up only above 196.4 – closes @ 205.95 - up
IDFC : Watch 126 – Resistance 133.55 – closes above resistance @ 135.05- up
IRB : Up only above 179. – closes @ 187.10 - up
POWERGRID : Up only above 85. – closes @ 91.2 - up
RPL : Up only above 181 – closes @ exactly 181
SAIL : Up only above 162 – closes just above it @ 162.45
TATA STEEL : Up only above 832. Support 820, Resistance 851 – closes just above support 820 @ 822.55
RELIANCE IND: Up only above 2286 – closes just above 2286 @ 2287.1
ZEE EL: Up only above 219. – closes above it @ 242.2 - up

Out of 11 scrips:
Below Point - 3 scrips
Above Point - 5 scrips
On Point - 3 scrips

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
ongoing Top of 4679.75 of 18th June,08 – 06 days (on going)
Next Time Frame to watch: 19th & 21st June08

Tuesday, June 17, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4504
Support : 4640(50), 4588, 4565, 4523, 4504, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 105.05 – does not close above it
HINDCONS : Up only above 117-18, Support 113.6 – closes above it @ 119.2 – up
ITC : Up only above 196.4 – closes @ 203.25 - up
IDFC : Watch 126 – Resistance 133.55 – closes above resistance @ 138.4- up
IRB : Up only above 179. – closes @ 188.05 - up
POWERGRID : Up only above 85. – closes @ 91.3 - up
RPL : Up only above 181 – closes @ 185.9 - up
SAIL : Up only above 162 – closes above it @ 167.2 - up
TATA STEEL : Up only above 832. Support 820, Resistance 851 – closes just below it @ 850.6
RELIANCE IND: Up only above 2286 – closes @ 2332.9 – up
ZEE EL: Up only above 219. – closes above it @ 234.25 - up

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
ongoing Top of 4664.05 of 17th June,08 – 05 days (on going)
Next Time Frame to watch: 19th & 21st June08

Monday, June 16, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4504
Support : 4504, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4523, 4565, 4588, 4640(50), 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
- Comes close to mentioned Resistance 4640(50) @ 4626.45
Now –
Point to Watch
: 4504
Support : 4588, 4565, 4523, 4504, 4493, 4460(68), 4400, 4395….4318….
Resistance: 4640(50), 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 105.05 – Comes close to it @ 104.85 but does not cross it – so down
HINDCONS : Up only above 117-18, Support 113.6 – touches it @ 118.9 – down
ITC : Up only above 196.4 – Low is above 196.4 – so moves up to high of 202.1 to close @ 201.5
IDFC : Watch 126 – Resistance 133.55 – High above resistance & close just below it @ 132.35
IRB : Up only above 179. – Low above it @ 180.5 – so up closes @ 185.45
POWERGRID : Up only above 85. – makes low above it @ 86.1 – so up closes @ 88..65
RPL : Up only above 181 – could not sustain closes @ 180.65 just below 181SAIL : Up only above 162 – closes just above it @ 162.9
TATA STEEL : Up only above 832. Support 820, Resistance 851 – low above it so up but could not sustain & close above resistance 851.
RELIANCE IND: Up only above 2286 – could not sustain closes below it @ 2282.35
ZEE EL: Up only above 219. – low above it @ 224 – closes above it @ 224.9

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
ongoing Top of 4617.7 of 16th June,08 – 04 days (on going)
Next Time Frame to watch: 16th June08 – spot on!!!
Now, Next Time Frame to watch : 19th & 21st June08

Sunday, June 15, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4504
Support : 4504, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4523, 4565, 4588, 4640(50), 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 105.05
HINDCONS : Up only above 117-18, Support 113.6
ITC : Up only above 196.4
IDFC : Watch 126 – High 133.55IRB : Up only above 179.
POWERGRID : Up only above 85.
RPL : Up only above 181SAIL : Up only above 162.
TATA STEEL : Up only above 832. Support 820, Resistance 851
RELIANCE IND: Up only above 2286
ZEE EL: Up only above 219.

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
ongoing Top of 4563.35 of 13th June,08 – 03 days (on going)
Next Time Frame to watch: 16th June08!

NIFTY TECHNICALS ( SPOT ) – 09.06.08 to 13.06.2008 - WEEKLY REVIEW

Said on Sunday 08th & 9th June, 2008:
” Point to Watch: 4687(91)Support : : 4588, 4565, 4523, 4493, 4460.... 4448, 4400, 4395….Resistance: 4640(50), 4687(91), 4720(40), 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000.”.
- Makes High of 4626.45 – Stays Below 4687 through the week – Tests Support 4395 ( Low of 4369.8) - Closes @ 4517.1
Conclusion: Inability to go above 4687(91) makes the index test last mentioned Support 4395 – move up & close @ 4517.1 (forms a Low @ 4369.8)!!

STOCK TECHNICALS ( SPOT ) - 09.06.08 to 13.06.2008- WEEKLY REVIEW

Said on Sunday 08th June, 2008:
AIRDECCAN : Up only above 111 – High of 107.45 – Remained below 111 - Closed @ 102.6
HINDCONS : Up only above 128.15 Support 113.6 & 120 – High of 122.15 – Remained below 128.15 – Closed @ 114.35
ITC : Up only above 219. High of 213.4 – Remained below 219 – Closed @ 198.15
IDFC : Watch 126 – Closed above 126 from Wednesday to Friday – made High of 134.8 - Closes @ 132.3
IRB : Up only above 191 – High 186 – Remained below 191 – Closes @ 180.05
POWERGRID : Up only above 86 – High of 87.9 – Could not sustain above 86 -Closes @ 85.65.
RPL : Up only above 164 – Tuesday made Low of 165.1 & did not violate through the week – High 182.2 - Closes @ 179.15
SAIL : Up only above 151-52 – Tuesday made a Low of 151.5 & did not violate through the week – High 166 - Closes @ 159.2
TATA STEEL : Up only above 820 Resistance 851 – High 863.9 - Closes @ 841
RELIANCE IND: Up only above 2286 – High 2299.9 – Could not sustain above 2286 - Closes @ 2270.4
ZEE EL: Up only above 226-27 – could not close above 226 on a single day – closes @ 220.9 Conclusion: IDFC, RPL, SAIL, TATA STEEL amply proves importance of points when price moved above it & that of Air Deccan, HCC, ITC, IRB, Power Grid, Reliance, Zee when prices remained below it !!

Thursday, June 12, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4687(91)
Mentioned Support 4395 holds - makes a low of 4392 – High of 4550 & closes @ 4539.35 Support : 4523, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4565, 4588, 4640(50), 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 111 - nowhere near 111.
HINDCONS : Up only above 128.15, Support 113.6 & 120 - nowhere near 128.15
ITC : Up only above 219 - nowhere near 219.
IDFC : Watch 126 – High 131.5 Closes above 126 @ 130.5
IRB : Up only above 191 - nowhere near 191.
POWERGRID : Up only above 86 –High 87 – Closes above 86 @ 86.2
RPL : Up only above 164 – Low of 166.05 so up - High of 180.9 & closes @ 180.1
SAIL : Up only above 151-52 –Low 158.5 - High 163.45 & closes @ 162.7
TATA STEEL : Up only above 820 – zooms to 860 & Closes above 851 @ 855.85
RELIANCE IND: Up only above 2286 – High 2295 – does not sustain above 2286 closes @ 2277.3
ZEE EL: Up only above 226-27 – nowhere near it - so down.

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
ongoing Top of 4550.05 of 12th June,08 – 02 days (on going)
Next Time Frame to watch: 14th & 16th June08!

Wednesday, June 11, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4687(91)
Support 4448 holds - makes a low of mentioned Resistance 4460(68) – High of 4541.05 & closes @ mentioned Resistance 4523 @ 4523.6
Support : 4523, 4493, 4460(68), 4448, 4400, 4395….4318….
Resistance: 4565, 4588, 4640(50), 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 111 - nowhere near 111 so down.
HINDCONS : Up only above 128.15, Support 113.6 & 120 - nowhere near 128.15 so down.
ITC : Up only above 219 - nowhere near 219 so down.
IDFC : Watch 126 – High 129 – Closes above 126 @ 128.75
IRB : Up only above 191 - nowhere near 191 so down.
POWERGRID : Up only above 86 –High 87 – Closes near 86 @ 85.6
RPL : Up only above 164 – Low of 170.2 so up - High of 174.25 & closes @ 171.65
SAIL : Up only above 151-52 –Low 152.1 so up - High 166 & closes @ 163.85
TATA STEEL : Up only above 820, Resistance 851 - closed above 820 yesterday – zooms to 848 & Closes @ 836.7
RELIANCE IND: Up only above 2286 – High 2280 – tomorrow if it sustains above 2286 then up.
ZEE EL: Up only above 226-27 – does not sustain - so down.

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 day
From Low of 4369.8 of 10th June,08 to
ongoing Top of 4541.05 of 11th June,08 – 1 day (on going)
Next Time Frame to watch: 14th & 16th June08!

Tuesday, June 10, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4687(91)
Nowhere near it so down & breaks Lows of Jan & Mar & yesterday’s - makes Low of 4369.8, Closes @ mentioned Support 4448 @ 4449.8
Support : 4448, 4400, 4395….4318….
Resistance: 4493, 4460(68), 4588, 4565, 4523, 4640(50), 4687(91), 4720(40), 4786, 4798, 4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 111 - nowhere near 111 so down.
HINDCONS : Up only above 128.15, Support 113.6 & 120 - nowhere near 128.15 so down.
ITC : Up only above 219 - nowhere near 219 so down.
IDFC : Watch 126 – nowhere near 126 so down.
IRB : Up only above 191 - nowhere near 191 so down.
POWERGRID : Up only above 86 –High 85.9 & then down.
RPL : Up only above 164 – Low of 165.1 so up - High of 173.9 & closes @ 171.5
SAIL : Up only above 151-52 –Low 151.5 so up - High 159 & closes @ 157.75
TATA STEEL : Up only above 820, Resistance 851- high 832.5 - closes above 820 @ 820.2
RELIANCE IND: Up only above 2286 - nowhere near it - goes down.
ZEE EL: Up only above 226-27 – nowhere near it so down.

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day
From Top of 4746.3 of 6th June,08 to
ongoing Low of 4369.8 of 10th June,08 - 2 day (on going)
Next Time Frame to watch: 14th & 16th June08!
14th is a holiday so 13th???...

Monday, June 9, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4687(91)
Nowhere near it so down & breaks Lows of Jan & Mar - makes Low of 4411.6
Support : 4493, 4460 (68), 4448, 4400, 4395….
Resistance: 4588, 4565, 4523, 4640(50), 4687(91), 4720(40), 4786, 4798,4836(46), 4880(86), 4900, 4920.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 111 - nowhere near 111 so down.
HINDCONS : Up only above 128.15, Support 113.6 & 120 - nowhere near 128.15 so down.
ITC : Up only above 219 - nowhere near 219 so down.
IDFC : Watch 126 - High 125.5 & then down.
IRB : Up only above 191 - nowhere near 191 so down.
POWERGRID : Up only above 86 - high 87.9 then down & closes just below 86 @ 85.8
RPL : Up only above 164 - crosses 164 - high of 172.85 & closes @ 171.35
SAIL : Up only above 151-52 -high 155.5 & closes above 151-52 @ 153.95
TATA STEEL : Up only above 820, Resistance 851- high 830 - closes above 820 @ 823.2
RELIANCE IND: Up only above 2286 - nowhere near it - goes down.
ZEE EL: Up only above 226-27 - high of 226.7 & then down.

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day
From Top of 4746.3 of 6th June,08 to
ongoing Low of 4411.6 of 9th June,08 - 1 day (on going)
Next Time Frame to watch: 14th & 16th June08!
9th has hit hard… 14th is a holiday so 13th ???

Sunday, June 8, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4687(91)
Support : 4588, 4565, 4523, 4493, 4460....
Resistance: 4640(50), 4687(91), 4720(40), 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 111
HINDCONS : Up only above 128.15, Support 113.6 & 120
ITC : Up only above 219
IDFC : Watch 126
IRB : Up only above 191
POWERGRID : Up only above 86
RPL : Up only above 164
SAIL : Up only above 151-52
TATA STEEL : Up only above 820, Resistance 851
RELIANCE IND: Up only above 2286
ZEE EL: Up only above 226-27

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days
From Low of 4536.25 of 5th June,08 to
ongoing High of 4746.3 of 6th June, 08 (on going)
Next Time Frame to watch: 9th June08!

NIFTY TECHNICALS ( SPOT ) – 02.06.08 to 06.06.2008 - WEEKLY REVIEW

Said on Sunday 01st June, 2008 :
Point to Watch: 4836(46)
Support : 4836(46), 4798, 4786, 4720(40),.. 4640(50)..
Resistance: 4880(86), 4900, 4920, 4950, 4970(80), 5000, 5050(60), 5084, 5100, 5115, 5150, 5163, 5168”.
- Markets go above 4900 to 4910 but could not sustain – break 4836(46) on 2nd June breaks all Supports including 4640(50).
Conclusion: Points to watch 4836(46) - breaking of it & inability of the markets to go above it on rest of the week brought the markets to form a Low @ 4536.25 on 5th June!!

STOCK TECHNICALS ( SPOT ) - 02.06.08 to 06.06.2008- WEEKLY REVIEW

Said on Sunday 01st June, 2008 :
AIRDECCAN : Up only above 115.3 - Monday makes high of 117 could not sustain above 115.3 made a Low of 100 on 4th June & closed at 104.55 on Fri.
HINDCONS : Up only above 120 Support 113.6 – Did not close below Support 113.6 on a single day – made a High of 130.5 on Fri. Closed above 120 @ 125.75
ITC : Up only above 219. High of 225 but could not close above Resistance 223 – Closes below Support 214 but above Support 210 @ 213.45
IDFC : Up only above 148.5 – Could not close above Support 145.7 on a single day closes @ 126.85
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance) – made High of 100 on 2nd June closes @ 87 on Fri.
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance) – could not close above 173 on a single day – made high of 179.9 & closes @ 166.5 on Fri.
SAIL : Up only above 159 – makes High of 166.45 on Monday & all other days below 159 – closes @ 153.55 on Fri.
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). – breaks 851 on 3rd June since could not break Resistance 914 – Closes @ 824.15
NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397 – High 2444 on 4th June – Low of 2175 –closes @ 2238.5 on Fri.
ZEE EL: Up only above 225.4 – High of 230 on 2nd June – closes just below 225.4 @ 224.45 on Fri.

Conclusion: The price action around the points amply proves its importance as suggested!!

TIME BASED TECHNICALS ( Weekly Review )

Said on Sunday, 1st June -
“Next Time Frame to watch: 4th & 5th June08”!
Conclusion: Importance of the Time Frame can be seen by the reaction of markets on the mentioned dates!!

Thursday, June 5, 2008

NIFTY TECHNICALS ( SPOT )

Closes above Support 4640(50).
Point to Watch: 4836(46)
Support : 4640(50), 4588, 4565, 4523, 4493, 4460....
Resistance: 4720(40), 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000.
2morrow will be interesting!
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 115.3 – still below 115.3
HINDCONS : Up only above 120 Support 113.6 – still below 120 but near it
ITC : Up only above 219. (223, 228 becomes Resistance) – Support 214, 210 – High 224 – closes above 219 ( could not close above Resistance 123 but Support 214 holds - still just above it on closing basis.
IDFC : Up only above 148.5 – Support 145.7- No where near 148.5
IRB : Up only above 192-193 – Support 187, 182, 178-79 – Touches 193 again but fails to close above it.
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance ) – Nowhere near 100-1
RPL : Up only above 173 – still below it.
SAIL : Up only above 159. – High 158.25 – Closes @ 157.1
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). Resistance 914 – Still below 851 but above 812
NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397 –nowhere near it.
ZEE EL: Up only above 225.4 – Closes @ 225.

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
ongoing Low of 4536.25 of 5th June,08 - 4 days (on going)
Next Time Frame to watch: 9th June08!
5th June brings relief !....

Wednesday, June 4, 2008

NIFTY TECHNICALS ( SPOT )

Breaks support 4640(50) & closes below it.
Point to Watch: 4836(46)
Support : Very few left - 4565, 4523, 4493, 4460....
Resistance: 4588, 4640(50), 4720(40), 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000.
Happy Trading!!

(me2u I have left a comment)

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 115.3 – High 117 – break of 115.3 – Low of 110.25 & lower to 103.6 & still lower @ 100
HINDCONS : Up only above 120 Support 113.6 – High 122.75 – Low 116.8 & lower to 113.5 & still lower to 111.6
ITC : Up only above 219. (223, 228 becomes Resistance) – Support 214, 210 – High 224 – closes above 219 ( could not close above Resistance 123 but Support 214 holds - still just above it on closing basis.
IDFC : Up only above 148.5 – Support 145.7- High 151 – Low 140.55 – closes below support 145.7 & so lower to 133.25 & still lower @ 132.2
IRB : Up only above 192-193 – Support 187, 182, 178-79 – High 193.3 – Low 180 – above Support 178-79 – Closes @ 181.7 & retests 175 - 178-79 holds
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance) – High 100 – goes down to 93 & lower to 90 & still lower @ 87.55
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance) – goes above 177 – could not sustain – Low 171.1 – Closes @ 172.5 just below 173 – 172 this time - goes lower to 166.1
SAIL : Up only above 159. – High 166.45 – Closes @ 153.6 – higher close 155.9- just below it @ 154.05
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). Resistance 914 – High 915.95 – Low 864 – Closes @ 869 above 851- tests 851 & closes above it. - closes just above 812

NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397 – High 2440 –Low 2340 – Closes @ 2358.8 – closes above 2397- closes below it @ 2307
ZEE EL: Up only above 225.4 – High 230 – Closes below 225.4

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
ongoing Low of 4564.5 of 4th June,08 - 3 days (on going)
Next Time Frame to watch: 5th & 9th June08!
4th has hit hard, now will 5th June bring relief?....

Tuesday, June 3, 2008

NIFTY TECHNICALS ( SPOT )

Tests support 4640(50) closes below 4720.
Point to Watch: 4836(46)
Support : 4640(50)..
Resistance: 4720(40), 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000, 5050(60), 5084, 5100.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 115.3 – High 117 – break of 115.3 – Low of 110.25 & lower to 103.6
HINDCONS : Up only above 120 Support 113.6 – High 122.75 – Low 116.8 & lower to 113.5
ITC : Up only above 219. (223, 228 becomes Resistance) – Support 214, 210 – High 224 – closes above 219 ( could not close above Resistance 123 but Support 214 holds.
IDFC : Up only above 148.5 – Support 145.7- High 151 – Low 140.55 – closes below support 145.7 & so lower to 133.25
IRB : Up only above 192-193 – Support 187, 182, 178-79 – High 193.3 – Low 180 – above Support 178-79 – Closes @ 181.7 & retests 175 Friday bottom...
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance) – High 100 – goes down to 93 & lower to 90
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance) – goes above 177 – could not sustain – Low 171.1 – Closes @ 172.5 just below 173 – 172 this time
SAIL : Up only above 159. – High 166.45 – Closes @ 153.6 – higher close 155.9
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). Resistance 914 – High 915.95 – Low 864 – Closes @ 869 above 851- tests 851 & closes above it.
NEW SCRIPS (on the blog)

RELIANCE IND: Up only above 2397 – High 2440 –Low 2340 – Closes @ 2358.8 – closes above 2397
ZEE EL: Up only above 225.4 – High 230 – Closes below 225.4

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
ongoing Low of 4634 of 3rd June,08 - 2 days (on going)
Next Time Frame to watch: 4th & 5th June08!
And 2morrow we will be in it…

Monday, June 2, 2008

NIFTY TECHNICALS ( SPOT )

Breaks 4836(46) goes down & Closes above Support 4720 but just below 4740.
Point to Watch: 4836(46)
Support : 4720(40),.. 4640(50)..
Resistance: 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000, 5050(60), 5084, 5100.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 115.3 – High 117 – break of 115.3 – Low of 110.25
HINDCONS : Up only above 120 Support 113.6 – High 122.75 – Low 116.8.
ITC : Up only above 219. (223, 228 becomes Resistance) – Support 214, 210 – High 224 – closes above 219 ( could not close above Resistance 123.
IDFC : Up only above 148.5 – Support 145.7- High 151 – Low 140.55 – closes below support 145.7
IRB : Up only above 192-193 – Support 187, 182, 178-79 – High 193.3 – Low 180 – above Support 178-79 – Closes @ 181.7
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance) – High 100 – goes down to 93.
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance) – goes above 177 – could not sustain – Low 171.1 – Closes @ 172.5 just below 173
SAIL : Up only above 159. – High 166.45 – Closes @ 153.6
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). Resistance 914 – High 915.95 – Low 864 – Closes @ 869 above 851.
NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397 – High 2440 –Low 2340 – Closes @ 2358.8
ZEE EL: Up only above 225.4 – High 230 – Closes below 225.4

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
ongoing Low of 4713 of 2nd June,08 - 1 day (on going)
Next Time Frame to watch: 4th & 5th June08!

Sunday, June 1, 2008

NIFTY TECHNICALS ( SPOT )

Point to Watch: 4836(46)
Support : 4836(46), 4798, 4786, 4720(40),.. 4640(50)..
Resistance: 4880(86), 4900, 4920, 4950, 4970(80), 5000, 5050(60), 5084, 5100, 5115, 5150, 5163, 5168.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 115.3
HINDCONS : Up only above 120 Support 113.6.
ITC : Up only above 219. (223, 228 becomes Resistance) – Support 214, 210
IDFC : Up only above 148.5 – Support 145.7
IRB : Up only above 192-193 – Support 187, 182, 178-79
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance)
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance)
SAIL : Up only above 159.
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). Resistance 914
NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397
ZEE EL: Up only above 225.4

TIME BASED TECHNICALS

From Low of 4448.5 of 22nd Jan, 08 to
Top of 5506.6 of 5th Feb, 08 – 10 days (21 days Top to Top)
From Top of 5506.6 of 5th Feb, 08 to
Low of 4468.55 of 18th Mar, 08 - 29 days (40 days Low to Low)
From Low of 4468.55 of 18th Mar, 08 to
Top of 4970.8 of 28th Mar, 08 – 6 days (36 days Top to Top)
From Top of 4970.8 of 28th Mar, 08 to
Low of 4628.8 of 7th Apr, 08 – 7 days (13 days Low to Low)
From Low of 4628.8 of 7th April,08 to
Top of 5083.5 of 23rd Apr, 08 - 11 days (17 days Top to Top)
From Top of 5083.5 of 23rd Apr,08 to
Low of 4991.35 of 24th Apr,08 - 1 day (12 days Low to Low)
From Low of 4991.35 of 24th Apr,08 to
Top of 5298.85 of 02nd May,08 - 6 days (7 days Top to Top)
From Top of 5298.85 of 02nd May,08 to
Low of 4913.8 of 12th May,08 - 6 days (12 days Low to Low)
From Low of 4913.8 of 12th May,08 to
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
ongoing Top of 4908.85 of 30th May,08 - 1 day (on going)
Next Time Frame to watch: 4th & 5th June08!

STOCK TECHNICALS ( SPOT ) - 26.05.08 to 30.05.2008- WEEKLY REVIEW

Said on Sunday 25th May, 2008 :
AIRDECCAN : Up only above 126 - Monday makes high of 126.9 & goes down to make low of 115 - closes @ 115.6
HINDCONS : Up only above 121 - Tuesday makes a high of 121.5 & goes down to make a low of 108.1 & closes @ 119.2
ITC : Up only above 212 ( 228, 223 becomes Resistance) – Wednesday & Thursday high of 223.25 & 223.95 – low of 201.55 & closes @ 217.75
IDFC : Up only above 154 – Monday makes high of 154 & goes down to 144.1 closes @ 147.25IRB : Up only above 196 - Monday makes a high of 196.45 & goes down to 175.05 - closes @ 190.25
POWERGRID : Up only above 100 ( 103.2, 108 becomes Resistance) – Makes high of 103 on Thursday & low of 95 - closes @ 98.60
RPL : Up only above 183 ( 188.5, 204-205 becomes Resistance) – Monday, Tuesday high of 183 & 183.9 Thursday 184.4 – Low of 171.85 – closes @ 174.7
SAIL : Up only above 172. (188 becomes Resistance) – Monday high of 171 goes down to 155.6 & closes @ 162
TATA STEEL : Up only above 851 ( 812, 851, 881 becomes Support) – Stays above 851 whole of the week ( Low of 853.6) – hits high of 925 - closes above 851 @ 902.8
Conclusion: The price action around the points amply proves its importance (again) as suggested!!

NIFTY TECHNICALS ( SPOT ) – 26.05.08 to 30.05.2008 - WEEKLY REVIEW

Said on 25th May, 2008:
Point to Watch : 4944
Support : 4920, 4880 (86), 4836(46), 4798, 4720(40),.. 4640(50).
Resistance : 4950, 4970(80), 5000, 5050(60), 5100, 5115, 5150, 5163, 5168, 5180, 5200, 5245(50)”.
- Markets takes support @ 4836(46) on two days , tests it on two occasions & bounces. Tests point to watch twice but fails to close above it on both occasions & goes down.
Conclusion: Supports 4836(46) - 4798 held & points to watch 4944 proved to be a strong resistance. The high lighted support too proved right on both occasions!!