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Showing posts from June 12, 2013

ICICI Bank

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ICICIBANK (1076) - Posted on 17th May "face resistance at 1230-1240" as posted  it resisted the mentioned level not one day but several days and  unable move above that so from there fall started and up to yesterday it made low 1076. now what next ?  Below 1110 down move continue and the down side target 990-980 in between support at 1035-1025

BANK NIFTY

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BANKNIFTY (11820) - Hereafter resistance 12150-12250 Below that ultimate down side target  10980-10880 in between support at 11420-11380

Union Bank of India

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UNIONBANK (206) - Last hope and  support 202-198 But trade and stay below that down side target 156-152

UCO Bank

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UCOBANK (76) - support 74-73 But trade n stay below that down side target 65-64

Titan Industries

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. TITAN (237) - after yesterday crash now what is in ?  now target and support exists at 225 and below that 215-210 but  trade and stays below that short term down side target 150-145

Tata Power Company

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TATAPOWER (82.35) - Last hope and support 82-78 But trade and stays below that ready for big down move  that take it down to 42-38 in between support 62-60

State Bank of India

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SBIN (1997) - Posted on 20th May "face resistance 2455-2485" as posted exactly it resisted at 2472 on 20th may itself and from there fall started and up to yesterday it made low 1982 that is 490 rupees from the mentioned resistance. now what next ?  hope and support 1976-1946 But trade and stays below that down move continue to 1830-1800

Punjab National Bank

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PNB (747) - Below 755-750 weak only  as long as hold below then down side target 700-690

Oriental Bank of Commerce

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ORIENTBANK (223) - Below 230 weak only  Last hope and support 215-210  But below that down side target  170-165 in between support at 190

Oil & Natural Gas Corporation

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ONGC (308) - Break down 316  as long as trade below this then down side target 290-287 in between support at 301