Point to Watch: 4687(91)
Support : 4588, 4565, 4523, 4493, 4460....
Resistance: 4640(50), 4687(91), 4720(40), 4786, 4798,4836(46), 4880(86), 4900, 4920, 4950, 4970(80), 5000.
Happy Trading!!
Sunday, June 8, 2008
STOCK TECHNICALS ( SPOT )
AIR DECCAN : Up only above 111
HINDCONS : Up only above 128.15, Support 113.6 & 120
ITC : Up only above 219
IDFC : Watch 126
IRB : Up only above 191
POWERGRID : Up only above 86
RPL : Up only above 164
SAIL : Up only above 151-52
TATA STEEL : Up only above 820, Resistance 851
RELIANCE IND: Up only above 2286
ZEE EL: Up only above 226-27
HINDCONS : Up only above 128.15, Support 113.6 & 120
ITC : Up only above 219
IDFC : Watch 126
IRB : Up only above 191
POWERGRID : Up only above 86
RPL : Up only above 164
SAIL : Up only above 151-52
TATA STEEL : Up only above 820, Resistance 851
RELIANCE IND: Up only above 2286
ZEE EL: Up only above 226-27
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
Low of 4536.25 of 5th June,08 - 4 days
From Low of 4536.25 of 5th June,08 to
ongoing High of 4746.3 of 6th June, 08 (on going)
Next Time Frame to watch: 9th June08!
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
Low of 4536.25 of 5th June,08 - 4 days
From Low of 4536.25 of 5th June,08 to
ongoing High of 4746.3 of 6th June, 08 (on going)
Next Time Frame to watch: 9th June08!
NIFTY TECHNICALS ( SPOT ) – 02.06.08 to 06.06.2008 - WEEKLY REVIEW
Said on Sunday 01st June, 2008 :
” Point to Watch: 4836(46)
Support : 4836(46), 4798, 4786, 4720(40),.. 4640(50)..
Resistance: 4880(86), 4900, 4920, 4950, 4970(80), 5000, 5050(60), 5084, 5100, 5115, 5150, 5163, 5168”.
- Markets go above 4900 to 4910 but could not sustain – break 4836(46) on 2nd June breaks all Supports including 4640(50).
Conclusion: Points to watch 4836(46) - breaking of it & inability of the markets to go above it on rest of the week brought the markets to form a Low @ 4536.25 on 5th June!!
” Point to Watch: 4836(46)
Support : 4836(46), 4798, 4786, 4720(40),.. 4640(50)..
Resistance: 4880(86), 4900, 4920, 4950, 4970(80), 5000, 5050(60), 5084, 5100, 5115, 5150, 5163, 5168”.
- Markets go above 4900 to 4910 but could not sustain – break 4836(46) on 2nd June breaks all Supports including 4640(50).
Conclusion: Points to watch 4836(46) - breaking of it & inability of the markets to go above it on rest of the week brought the markets to form a Low @ 4536.25 on 5th June!!
STOCK TECHNICALS ( SPOT ) - 02.06.08 to 06.06.2008- WEEKLY REVIEW
Said on Sunday 01st June, 2008 :
AIRDECCAN : Up only above 115.3 - Monday makes high of 117 could not sustain above 115.3 made a Low of 100 on 4th June & closed at 104.55 on Fri.
HINDCONS : Up only above 120 Support 113.6 – Did not close below Support 113.6 on a single day – made a High of 130.5 on Fri. Closed above 120 @ 125.75
ITC : Up only above 219. High of 225 but could not close above Resistance 223 – Closes below Support 214 but above Support 210 @ 213.45
IDFC : Up only above 148.5 – Could not close above Support 145.7 on a single day closes @ 126.85
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance) – made High of 100 on 2nd June closes @ 87 on Fri.
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance) – could not close above 173 on a single day – made high of 179.9 & closes @ 166.5 on Fri.
SAIL : Up only above 159 – makes High of 166.45 on Monday & all other days below 159 – closes @ 153.55 on Fri.
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). – breaks 851 on 3rd June since could not break Resistance 914 – Closes @ 824.15
NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397 – High 2444 on 4th June – Low of 2175 –closes @ 2238.5 on Fri.
ZEE EL: Up only above 225.4 – High of 230 on 2nd June – closes just below 225.4 @ 224.45 on Fri.
Conclusion: The price action around the points amply proves its importance as suggested!!
AIRDECCAN : Up only above 115.3 - Monday makes high of 117 could not sustain above 115.3 made a Low of 100 on 4th June & closed at 104.55 on Fri.
HINDCONS : Up only above 120 Support 113.6 – Did not close below Support 113.6 on a single day – made a High of 130.5 on Fri. Closed above 120 @ 125.75
ITC : Up only above 219. High of 225 but could not close above Resistance 223 – Closes below Support 214 but above Support 210 @ 213.45
IDFC : Up only above 148.5 – Could not close above Support 145.7 on a single day closes @ 126.85
POWERGRID : Up only above 100-1 ( 103, 108 becomes Resistance) – made High of 100 on 2nd June closes @ 87 on Fri.
RPL : Up only above 173 ( 177, 183, 188.5, 204-205 becomes Resistance) – could not close above 173 on a single day – made high of 179.9 & closes @ 166.5 on Fri.
SAIL : Up only above 159 – makes High of 166.45 on Monday & all other days below 159 – closes @ 153.55 on Fri.
TATA STEEL : Up only above 851 ( 812 ,851 & 881 are Supports). – breaks 851 on 3rd June since could not break Resistance 914 – Closes @ 824.15
NEW SCRIPS (on the blog)
RELIANCE IND: Up only above 2397 – High 2444 on 4th June – Low of 2175 –closes @ 2238.5 on Fri.
ZEE EL: Up only above 225.4 – High of 230 on 2nd June – closes just below 225.4 @ 224.45 on Fri.
Conclusion: The price action around the points amply proves its importance as suggested!!
TIME BASED TECHNICALS ( Weekly Review )
Subscribe to:
Posts (Atom)