NIFTY TECHNICALS ( SPOT )

Markets up till 4920 & 4970(80) not breached ! But needs to close above 5163.
Support 5150, 5115, 5100, 5050(60), 5000, 4970(80), 4950, 4920, 4880 (86), 4836(46), 4798, 4720(40),.. 4640(50).
Resistance 5168, 5180, 5200, 5245(50).
Happy Trading!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 136.
HINDCONS : Up only above 138.
ITC : Up only above 228. 223 becomes Support.
IDFC : Up only above 171.
IRB : Up only above 212 ( 217-219 becomes Resistance).
POWERGRID : Up only above 103.2 ( 108 becomes Resistance).'
RPL : Up only above 188.5 ( 204-205 becomes Resistance).
SAIL: Up only above 188.
TATA STEEL : Up only above 851 ( 812 becomes Support).

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
ongoing Top of 5167.40 of 16th May,08 - 4 days (ongoing)
Time frame to watch 21 to 23 May & 27 May!