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
ongoing Low of 5110.9 of 06th May,08 - 2 days (ongoing)
Support 5083.5 Resistance 5182.6 SL anywhere below 4991.35 (according to ur comfort level)

NIFTY TECHNICALS ( SPOT )

Like mentioned yesterday upmove possible only above 5200 / 5264 - true to that markets made a high of 5206.5 & down went to Support @ 5115.
Now,
Resistance : 5264 & 5200 ( upmove possible only above this ) , 5168, 5150, 5298, 5315, 5325 & 5350.
Support : 5115, 5050(60), 5000 & 4970(80).
Stop Loss : 4990
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up above 153 ( Just opened at 155 & could not sustain so came down)
HINDCONS : Up above 137 ( See how it made low of 138 & climbed to 150 & closed above 137)
IDFC : Up only above 186 ( See how it made high of 178.8 way below 186 & came down)
IRB : Up only above 217-219 ( See how it made high of 214.95 way below 217-219 & came down)
POWERGRID : Up only above 108 ( See how it made high of 107.2 - below 108 & came down)
RPL : Up only above 204-205 ( See how it made high of 204 & came down)
TATA STEEL : Up only above 812 ( See how it climbed to 824 & closed above 812)