Sunday, June 22, 2008

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!!

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