Point to Watch : 4009
Support : 4009, 3996, 3932, 3855, 3738
Resistance: 4017, 4031, 4049, 4089, 4101, 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400
Happy Trading!!
Sunday, July 6, 2008
STOCK TECHNICALS ( SPOT )
AIRDECCAN : Up only above 60.75
HINDCONS : Up only above 86.5
IDFC : Watch 101
IRB : Up only above 149
ITC : Up only above 169.35
POWERGRID : Up only above 77-78 - Support 72
RELIANCE IND: Up only above 2101
RPL : Up only above 170 – Support 166, 161
SAIL : Up only above 126
TATA STEEL : Up only above 633
ZEE EL: Up only above 206
New Scrips On the Blog :
RCOM : Up only above 408
RELCAPITAL : Up only above 998
HINDCONS : Up only above 86.5
IDFC : Watch 101
IRB : Up only above 149
ITC : Up only above 169.35
POWERGRID : Up only above 77-78 - Support 72
RELIANCE IND: Up only above 2101
RPL : Up only above 170 – Support 166, 161
SAIL : Up only above 126
TATA STEEL : Up only above 633
ZEE EL: Up only above 206
New Scrips On the Blog :
RCOM : Up only above 408
RELCAPITAL : Up only above 998
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
Low of 4093.2 of 25th June,08 - 5 days (11days Low to Low)
From Low of 4093.2 of 25th June,08 to
Top of 4324.75 of 26th June,08 – 1 day (06 days Top to Top)
From Top of 4324.75 of 26th June, 08 to
Low of 3848.25 of 2nd July, 08 – 4 days (05 days Low to Low)
From Low of 3848.25 of 2nd July, 08 to
Ongoing Top of 4033.5 of 4th July, 08 – 2 days (ongoing)
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
Low of 4093.2 of 25th June,08 - 5 days (11days Low to Low)
From Low of 4093.2 of 25th June,08 to
Top of 4324.75 of 26th June,08 – 1 day (06 days Top to Top)
From Top of 4324.75 of 26th June, 08 to
Low of 3848.25 of 2nd July, 08 – 4 days (05 days Low to Low)
From Low of 3848.25 of 2nd July, 08 to
Ongoing Top of 4033.5 of 4th July, 08 – 2 days (ongoing)
NIFTY TECHNICALS ( SPOT ) – 30.06.08 to 04.07.2008 - WEEKLY REVIEW
Said on Sunday 29th June08:
"Point to Watch: 4194
Support : 4101….4049….4017…3996
Resistance: 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400, 4448, 4460(68)”
- High of 4163 – below 4194 through the week .
- Imminent crash as per my Point to Watch Theory – Previous recent Low broken new Low formed @ 3848.25!!! ultimately closing @ 4016.
Conclusion: Another week which showed that if the Point to Watch is not crossed – the markets go down!!! Readers who followed this may have gained!
"Point to Watch: 4194
Support : 4101….4049….4017…3996
Resistance: 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400, 4448, 4460(68)”
- High of 4163 – below 4194 through the week .
- Imminent crash as per my Point to Watch Theory – Previous recent Low broken new Low formed @ 3848.25!!! ultimately closing @ 4016.
Conclusion: Another week which showed that if the Point to Watch is not crossed – the markets go down!!! Readers who followed this may have gained!
STOCK TECHNICALS ( SPOT ) - 30.06.08 to 04.07.2008- WEEKLY REVIEW
Said on Sunday 29th June08:
AIRDECCAN : Up only above 69.4 – High of 69.7 & all other days below 69.4 – Closed @ 58.5 on Fri.
HINDCONS : Up only above 83.65 – High of 86.9 on Fri – Closed @ 86.15
IDFC : Watch 112-13 – High of 116.5 - Closes @ 106.9
IRB : Up only above 149 – High 163.35 – Closes @ 151.75
ITC : Up only above 183.15 - High of 190.75 – Closed @ 171.2
POWERGRID : Up only above 83 – Support 79-80 – High of 80.8 – Closes @ 75.15
RPL : Up only above 176 – Support 166 – High 178 – Most of the days made a Low around Support 166 - Closes @ 171.45
SAIL : Up only above 143.75 – Support 141- – High 145.65 – Breaks Support of 141 on all days - Closes @ 127.85
TATA STEEL : Up only above 734 - High 750 – Closes below 734 on all days - Closes @ 640.4
RELIANCE IND : Up only above 2133 – High 2216.9 – Closes below 2133 on all days – Closes @ 2097.9
ZEE EL : Up only above 211.5 – Support 204 - High of 214.4 – Closes below Support 204 on all days – Closes @ 198.2
Conclusion : Only HCC & IRB closed above its point – all others way below it!
AIRDECCAN : Up only above 69.4 – High of 69.7 & all other days below 69.4 – Closed @ 58.5 on Fri.
HINDCONS : Up only above 83.65 – High of 86.9 on Fri – Closed @ 86.15
IDFC : Watch 112-13 – High of 116.5 - Closes @ 106.9
IRB : Up only above 149 – High 163.35 – Closes @ 151.75
ITC : Up only above 183.15 - High of 190.75 – Closed @ 171.2
POWERGRID : Up only above 83 – Support 79-80 – High of 80.8 – Closes @ 75.15
RPL : Up only above 176 – Support 166 – High 178 – Most of the days made a Low around Support 166 - Closes @ 171.45
SAIL : Up only above 143.75 – Support 141- – High 145.65 – Breaks Support of 141 on all days - Closes @ 127.85
TATA STEEL : Up only above 734 - High 750 – Closes below 734 on all days - Closes @ 640.4
RELIANCE IND : Up only above 2133 – High 2216.9 – Closes below 2133 on all days – Closes @ 2097.9
ZEE EL : Up only above 211.5 – Support 204 - High of 214.4 – Closes below Support 204 on all days – Closes @ 198.2
Conclusion : Only HCC & IRB closed above its point – all others way below it!
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