Sunday, July 13, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch : 4132
Support : 4049, 4031, 4017,4009, 3996, 3932, 3855, 3738
Resistance: 4089, 4101, 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 76
HINDCONS : Up only above 87
IDFC : Up only above 110IRB : Up only above 149
ITC : Up only above 176.5
POWERGRID : Up only above 87 - Support 72, 77-78
RELIANCE IND: Up only above 2022
RPL : Up only above 167 – Support 164, 161,156 - Resistance 171
SAIL : Up only above 140
TATA STEEL : Up only above 686
ZEE EL: Up only above 194 – Support 189
New Scrips On the Blog :
RCOM : Up only above 448
RELCAPITAL : Up only above 1035

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
Top of 4114.5 of 7th July, 08 – 3 days (07 days Top to Top)
From Top of 4114.5 of 7th July, 08 to
Low of 3896.05 of 8th July, 08 – 1 day (04 days Low to Low)
From Low of 3896.05 of 8th July, 08 to
Ongoing Top of 4215.5 of 11th July, 08 – 3 day (ongoing)
TIME FRAME TO WATCH: 14 & 16 July

NIFTY TECHNICALS ( SPOT ) – 07.07.08 to 11.07.2008- WEEKLY REVIEW

Said on Sunday 6th Jul, 2008:
" Point to Watch : 4009Support : 4009, 3996, 3932, 3855, 3738
Resistance: 4017, 4031, 4049, 4089, 4101, 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400”
- Does not violate Support of 3855 and almost reaches Resistance 4227 - High of 4215.5 – Low of 3896.05 – Closes @ 4049
Conclusion: The ability to cross over 4009 on all days made Nifty touch a High of 4215.5, the negatives of inflation, industrial output & crude prices took its toll on Friday & Nifty closed the week exactly on Resistance 4049!

STOCK TECHNICALS ( SPOT ) - 07.07.08 to 11.07.2008- WEEKLY REVIEW

Said on Sunday 6th Jul, 2008:
AIRDECCAN : Up only above 60.75 – High of 80.65 – Closed @ 71.25 on Fri.
HINDCONS : Up only above 86.5 – High of 95.2 – Closed @ 85.15IDFC : Watch 101 – High of 117 - Closes @ 108.7
IRB : Up only above 149 – Low of 148 - High 161 – Closes @ 150.05ITC : Up only above 169.35 - High of 186.35 – Low 168.6 - Closed @ 174.55
POWERGRID : Up only above 77-78 – Support 72 – Low of 71 - High of 90.2 – Closes @ 84.05
RELIANCE IND: Up only above 2101 – High 2259.9 – Closes @ 2182.65RPL : Up only above 170 – Support 166, 161 - High 173.85 – Low 160 - Closes @ 167.7
SAIL : Up only above 126 – High 143.75 – Low 125.9 - Closes @ 136.3
TATA STEEL : Up only above 633 – High 707.9 – Low 630 - Closes @ 666.05
ZEE EL: Up only above 206 – High of 204 – Closes @ 193.7
New Scrips On the Blog :
RCOM : Up only above 408 – High 458.75 – Low 392 rest all days above 408 - Close @ 437.9
RELCAPITAL : Up only above 998 – High 1144 – Low 935 rest all days above 998 – Close @ 1027.55