NIFTY TECHNICALS ( SPOT )

Breaks 4836(46) goes down & Closes above Support 4720 but just below 4740.
Point to Watch: 4836(46)
Support : 4720(40),.. 4640(50)..
Resistance: 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000, 5050(60), 5084, 5100.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIR DECCAN : Up only above 115.3 – High 117 – break of 115.3 – Low of 110.25
HINDCONS : Up only above 120 Support 113.6 – High 122.75 – Low 116.8.
ITC : Up only above 219. (223, 228 becomes Resistance) – Support 214, 210 – High 224 – closes above 219 ( could not close above Resistance 123.
IDFC : Up only above 148.5 – Support 145.7- High 151 – Low 140.55 – closes below support 145.7
IRB : Up only above 192-193 – Support 187, 182, 178-79 – High 193.3 – Low 180 – above Support 178-79 – Closes @ 181.7
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance) – High 100 – goes down to 93.
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance) – goes above 177 – could not sustain – Low 171.1 – Closes @ 172.5 just below 173
SAIL : Up only above 159. – High 166.45 – Closes @ 153.6
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). Resistance 914 – High 915.95 – Low 864 – Closes @ 869 above 851.
NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397 – High 2440 –Low 2340 – Closes @ 2358.8
ZEE EL: Up only above 225.4 – High 230 – Closes below 225.4

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
Top of 5167.40 of 16th May,08 - 4 days (11 days Top to Top)
From Top of 5167.4 of 16th May,08 to
Low of 4801.9 of 29th May,08 - 8 days (12 days Low to Low)
From Low of 4801.9 of 29th May,08 to
Top of 4908.85 of 30th May,08 - 1 day
From Top of 4908.85 of 30th May,08 to
ongoing Low of 4713 of 2nd June,08 - 1 day (on going)
Next Time Frame to watch: 4th & 5th June08!