14TH JUNE 2010, SUPPORT & RESISTANCE :: BEAR & BULL FEAR ZONE ::: TATASTEEL / JSPL / RELCAP / DLF / TATAMOTOR / EDUCOMP / KFA

TATASTEEL :: cmp - buying avg * lots size = (473.60 - 493) * 764 = -14821.6

TATAMOTORS :: cmp - buying avg * lots size = (764.90 - 683) * 850 = +69615

EDUCOMP :: cmp - buying avg * lots size = (551.30 - 486) * 375 = +24487.5

JINDAL STEEL & POWER :: cmp - buying avg * lots size = (641.95 - 614) * 960 = +26832

DLF :: cmp - buying avg * lots size = (262.40 - 264) * 800 = -1280

RELCAP :: cmp - buying avg * lots size = (681.8 - 624) * 276 = +15952.8

KFA :: cmp - buying avg * lots size = (44.80 - 40.80) * 4250 = +17000

TOTAL MTM AS ON CLOSING 11 June 2010 = Rs.+137785.7 (unrealised profit per lot)

1. TATASTEEL (473.60)

Day Resistance ::: 478 / 483 / 486
Day Support ::: 470 / 466 / 462
Weekly levels SL 467 close above 585 trg 597 & 515 ::: close below 455 trg 437 & 422

Trading Range / Zone :: 456- 503

Bear Fear Zone 472 ::: Bull Fear Zone 495

Bulls will have full control above 495 and will fear the bears
Bears will have full control below 472 and will fear the bulls

2. JINDAL STEEL & POWER (641.95)

Day Resistance ::: 651 / 660 / 668
Day Support ::: 632 / 623 / 615
Weekly levels SL 632 close above 660 trg 677 & 704 ::: close below 614 trg 587 & 570

Trading Range / Zone :: 625 - 690
Bear Fear Zone 623 ::: Bull Fear Zone 643

Bulls will have full control above 643 and will fear the bears
Bears will have full control below 623 and will fear the bulls

3. RELCAP (681.80)

Day Resistance ::: 693 / 704 / 714
Day Support ::: 672 / 662 / 651
Weekly levels SL 675 close above 701 trg 720 & 745 ::: close below 656 trg 631 & 612

Trading Range / Zone :: 660 - 713

Bear Fear Zone 653 ::: Bull Fear Zone 673

Bulls will have full control above 673 and will fear the bears
Bears will have full control below 653 and will fear the bulls

4. DLF (262.40)

Day Resistance ::: 268 / 273 / 277
Day Support ::: 258 / 255 / 250
Weekly levels SL 263 close above 272 trg 283 & 292 ::: close below 253 trg 244 & 233

Trading Range / Zone :: 250 - 294

Bear Fear Zone 265 ::: Bull Fear Zone 275

Bulls will have full control above 275 and will fear the bears
Bears will have full control below 265 and will fear the bulls

5. TATAMOTOR (764.90)

Day Resistance ::: 773 / 781 / 788
Day Support ::: 757 / 749 / 742
Weekly levels SL 753 close above 784 trg 804 & 834 ::: close below 734 trg 704 & 684

Trading Range / Zone :: 740 - 844
Bear Fear Zone 714 ::: Bull Fear Zone 738

Bulls will have full control above 738 and will fear the bears
Bears will have full control below 714 and will fear the bulls

6. EDUCOMP (551.30)

Day Resistance ::: 559 / 567 / 573
Day Support ::: 545 / 539 / 531

Weekly levels SL 538 close above 574 trg 596 & 636 ::: close below 516 trg 481 & 458

Trading Range / Zone :: 530 - 590
Bear Fear Zone 494 ::: Bull Fear Zone 516

Bulls will have full control above 516 and will fear the bears
Bears will have full control below 494 and will fear the bulls

7. KFA (44.80)

Day Resistance ::: 45.60 / 46.30 / 47.20

Day Support ::: 43.80 / 42.90 / 42.10
Weekly levels SL 44 close above 46.20 trg 47.60 & 49.70 ::: close below 42.70 trg 40.60 & 39.20

Trading Range / Zone :: 42 - 47

Bear Fear Zone 41.60 ::: Bull Fear Zone 43.50

Bulls will have full control above 43.50 and will fear the bears
Bears will have full control below 41.60 and will fear the bulls

All Above Spot Levels