NIFTY TECHNICALS ( SPOT)

Point to Watch: 4340.6
Support : 4176, 4168….4101….4049
Resistance: 4254, 4227, 4318, 4340.6, 4395, 4400, 4448, 4460(68), 4493, 4504, 4523, 4565, 4588, 4640(50)
Caution!
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 91.7 - Closes @ 84.05 - down
HINDCONS : Up only above 108.3 - Closes @ 99.05 - downITC : Up only above 196.45 – Closes @ 191.5 - down
IDFC : Watch 118.75 – High 122 – Closes @ 116.9 - down
IRB : Up only above 178.60 – Closes @ 163.9 - down
POWERGRID : Up only above 86.65 – Closes @ 81.55 - down
RPL : Up only above 170.1 – High 170.5 – Closes @ 163.8 - down
SAIL : Up only above 153.35 – Support 141 – Support 141 intact – Closes @ 146.15 - down
TATA STEEL : Up only above 774.5 – Resistance 820, 832, 851 – Closes @ 711.1 - down
RELIANCE IND: Up only above 2087.25 – Closes @ 2062.7 - down
ZEE EL: Up only above 220.10 – Support 204 – High 225.7 – Support 204 intact – Closes just above point @ 220.65

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 (09 days Top to Top)
From Top of 4908.85 of 30th May,08 to
Low of 4536.25 of 5th June,08 - 4 days (05 days Low to Low)
From Low of 4536.25 of 5th June,08 to
Top of 4746.3 of 6th June, 08 – 1 day (05 days Top to Top)
From Top of 4746.3 of 6th June,08 to
Low of 4369.8 of 10th June,08 - 2 days (03 days Low to Low)
From Low of 4369.8 of 10th June,08 to
Top of 4679.75 of 18th June,08 – 06 days (09days Top to Top)
From Top of 4679.75 of 18th June,08 to
ongoing Low of 4156.1 of 24th June,08 - 4 days (10days Low to Low on going)

Next Time Frame to watch: 26th & 28th June08
- 24th Plays both sides