STOCK TECHNICALS ( SPOT ) - 14.07.08 to 18.07.2008- WEEKLY REVIEW

Said on Sunday 13th Jul, 2008:
AIRDECCAN : Up only above 76 – High of 77.2 – Closed @ 74.15.
HINDCONS : Up only above 87– High of 90 – Closed @ 85.8
IDFC : Up only above 110 – High of 112.4 - Closed @ 109.65
IRB : Up only above 149 – High of 153.4 – Closed @ 143.7
ITC : Up only above 176.5 – High of 178.9 – Closed @ 176.25
POWERGRID : Up only above 87 - Support 72, 77-78 – Low of 77.05 – High of 87.7 – Closed @ 87
RELIANCE IND: Up only above 2022 - High 2127 – Closed @ 2113.2
RPL : Up only above 167 – Support 164, 161,156 - Resistance 171 – Fails to Cross Resistance 171 – breaks all Supports – Closed @ 153.8
SAIL : Up only above 140 - High 147.3 – Closed @ 123.2
TATA STEEL : Up only above 686 – High 699.9 – Closed @ 592.55
ZEE EL: Up only above 194 – Support 189 - High of 199.8 – Closes @ 194.75
New Scrips On the Blog :
RCOM : Up only above 448 - High 448.7 – Low 391.65 - Closed @ 435.1
RELCAPITAL : Up only above 1035 – High 1112.7 – Low 958 - Closed @ 1094.75

Conclusion: Most of them could not sustain over their UOA point (Up Only Above). Yet many have closed on or near them.