NIFTY TECHNICALS ( SPOT )

Till 4970(80) not breached markets will remain positive.
If breached then 4950 & 4920 last hope for bulls.
Support 4880 (86), 4836(46), 4798, 4720(40),.. 4640(50).
Resistance 5000, 5050(60), 5100, 5115, 5150, 5168.
Happy Trading!!

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 4969.4 of 09th May,08 - 5 days (ongoing)

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 134 (153 becomes Resistance)
HINDCONS : Up only above 128 ( 137 becomes Resistance)
ITC : Up only above 216 ( 223 becomes Resistance)
IDFC : Up only above 171 (186 becomes Resistance)
IRB : Up only above 200 ( 217-219 becomes Resistance)
POWERGRID : Up only above 101 ( 108 becomes Resistance)
RPL : Up only above 180 ( 204-205 becomes Resistance)
TATA STEEL : Up only above 851 ( 812 becomes Support)