Sunday, July 6, 2008

STOCK TECHNICALS ( SPOT ) - 30.06.08 to 04.07.2008- WEEKLY REVIEW

Said on Sunday 29th June08:
AIRDECCAN : Up only above 69.4 – High of 69.7 & all other days below 69.4 – Closed @ 58.5 on Fri.
HINDCONS : Up only above 83.65 – High of 86.9 on Fri – Closed @ 86.15
IDFC : Watch 112-13 – High of 116.5 - Closes @ 106.9
IRB : Up only above 149 – High 163.35 – Closes @ 151.75
ITC : Up only above 183.15 - High of 190.75 – Closed @ 171.2
POWERGRID : Up only above 83 – Support 79-80 – High of 80.8 – Closes @ 75.15
RPL : Up only above 176 – Support 166 – High 178 – Most of the days made a Low around Support 166 - Closes @ 171.45
SAIL : Up only above 143.75 – Support 141- – High 145.65 – Breaks Support of 141 on all days - Closes @ 127.85
TATA STEEL : Up only above 734 - High 750 – Closes below 734 on all days - Closes @ 640.4
RELIANCE IND : Up only above 2133 – High 2216.9 – Closes below 2133 on all days – Closes @ 2097.9
ZEE EL : Up only above 211.5 – Support 204 - High of 214.4 – Closes below Support 204 on all days – Closes @ 198.2
Conclusion : Only HCC & IRB closed above its point – all others way below it!

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