Wednesday, July 30, 2008

NIFTY TECHNICALS ( SPOT)

Point to Watch: 4324
Support: 4227, 4254, 4176, 4168, 4101(05), 4089, 4049, 4031, 4017,4009, 3996, 3932, 3855, 3738
Resistance: 4318, 4324, 4340, 4395, 4400, 4460(68)
- moves 2-3 points above PTW & closes not only below it but also below Resistance 4318
- caution FNO settlement 2morrow.
Happy Trading!!

STOCK TECHNICALS ( SPOT )

AIRDECCAN : Up only above 82 – quite close - down
HINDCONS : Up only above 99.5 – down
IDFC : Watch 94 – downIRB : Up only above 142 – quite close - down
ITC : Up only above 187 .- closed above it - up
POWERGRID : Up only above 101 – down
RCOM : Up only above 526 – down
RELCAPITAL : Up only above 1266 – closed above it -up
RELIANCE IND: Up only above 2243 - down
RPL : Up only above 165 – quite close - downSAIL : Up only above 145 – down
TATA STEEL : Up only above 625 – closed above it -up
ZEE EL: Up only above 215 – down New Scrips On the Blog :
BHARATFORG : Up only above 249 – down
NTPC : Up only above 180 – down
Total – 15 Scrips
Up – 03 Scrips
Down – 12 Scrips

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
Top of 4215.5 of 11th July, 08 – 3 days (04 days Top to Top)
From Top of 4215.5 of 11th July, 08 to
Low of 3790.2 of 16th July, 08 – 3 days (06days Low to Low)
From Low of 3790.2 of 16th July, 08 to
Top of 4539.45 of 24th July, 08 – 6 days (09 days Top to Top)
From Top of 4539.45 of 24th July, 08 to
Low of 4159.15 of 29th July, 08 – 03 days (09days Low to Low)
From Low of 4159.15 of 29th July, 08 to
ongoing Top of 4327 of 30th July, 08 – 1 day (ongoing)

TIME FRAME TO WATCH: 30th & 31st July, 08
- 30th spot on