7 STOCKS RECMD WEEKLY LEVELS :: WAS IT THE SMART MONEY GAME or PROFIT BOOKING :: SUPPORT & RESISTANCE :: BEAR & BULL FEAR ZONE ::: TATASTEEL / JSPL / RELCAP / DLF / TATAMOTOR / EDUCOMP / KFA :: 31ST MAY 2010

AS EXPECTED THERE WAS JUMP ON ALL THE STOCKS NEARLY 4% - 5% ...FEW REMAIN STRONG

FEW CAME DOWN ... PROFIT BOOKING ??? <<<<OR>>> WAS IT THE SMART MONEY GAME???

Below the the weekly & daily levels

But first have a look at the figures of unrealised MTM profit / loss per lot from buying avg

TATASTEEL :: cmp - buying avg * lots size =  (496.85 - 493) * 764 = +2941.40

TATAMOTORS :: cmp - buying avg * lots size =  (749.50 - 683) * 850 = +56525

EDUCOMP :: cmp - buying avg * lots size =  (482.5 - 486) * 375 = -1312.50

JINDAL STEEL & POWER :: cmp - buying avg * lots size =  (654.5 - 614) * 960 =  +38880

DLF :: cmp - buying avg * lots size =  (280.05 - 264) * 800 =  +12840

RELCAP :: cmp - buying avg * lots size = (646.8 - 624) * 276 =  +6292.80

KFA :: cmp - buying avg * lots size = (42.05 - 40.80) * 4250 = +5212.5

TOTAL MTM AS ON CLOSING 28 MAY 2010 = Rs.121379.20 (unrealised profit per lot)

1. TATASTEEL (496.85)

Day Resistance ::: 506 / 517 / 525 
Day Support ::: 488 / 480 / 469

Weekly levels close above 523 trg 549 & 573::: close below 472 trg 447 & 421

Trading Range / Zone :: 483 - 544

Bear Fear Zone 527  ::: Bull Fear Zone 552 

Bulls will have full control above 552 and will fear the bears
Bears will have full control below 527 and will fear the bulls

2. JINDAL STEEL & POWER (654.5)

Day Resistance ::: 664 / 675 / 693
Day Support ::: 645 / 636 / 619

Weekly levels close above 671 trg 690 & 715 ::: close below 640 trg 625 & 596 

Trading Range / Zone :: 625 - 690

Bear Fear Zone 635 ::: Bull Fear Zone 663

Bulls will have full control above 663 and will fear the bears
Bears will have full control below 635 and will fear the bulls

3. RELCAP (646.8)

Day Resistance ::: 655 / 664 / 671
Day Support ::: 641 / 635 / 626

Weekly levels close above 684 trg 721 & 745 ::: close below 622 trg 597 & 560

Trading Range / Zone :: 625 - 670

Bear Fear Zone 656 ::: Bull Fear Zone 691 

Bulls will have full control above 691 and will fear the bears
Bears will have full control below 656 and will fear the bulls

4. DLF (280.5)

Day Resistance ::: 284 / 289 / 293
Day Support ::: 274 / 269 / 264

Weekly levels close above 290 trg 299 & 316 ::: close below 262 trg 245 & 236 

Trading Range / Zone :: 254 - 294

Bear Fear Zone 277 ::: Bull Fear Zone 288 

Bulls will have full control above 288 and will fear the bears
Bears will have full control below 277 and will fear the bulls

5. TATAMOTOR (749.5)

Day Resistance ::: 768 / 786 / 801

Day Support ::: 736 / 724 / 705

Weekly levels close above 792 trg 835 & 896 ::: close below 688 trg 627 & 585

Trading Range / Zone :: 712 - 800

Bear Fear Zone 741 ::: Bull Fear Zone 769 
Bulls will have full control above 769 and will fear the bears
Bears will have full control below 741 and will fear the bulls

6. EDUCOMP (482.5)

Day Resistance ::: 491 / 499 / 511
Day Support ::: 471 / 460 / 452

Weekly levels close above 514 trg 548 & 585 ::: close below 445 trg 407 & 375

Trading Range / Zone :: 456 - 511

Bear Fear Zone 537 ::: Bull Fear Zone 560 
Bulls will have full control above 560 and will fear the bears
Bears will have full control below 537 and will fear the bulls

7. KFA (42.05)

Day Resistance ::: 42.60 / 43.10 / 43.70
Day Support ::: 41.40 / 40.80 / 40.30

Weekly levels close above 43.40 trg 44.80 & 46.80 ::: close below 40 trg 37.95 & 36.60

Trading Range / Zone :: 38 - 46

Bear Fear Zone 43.15  ::: Bull Fear Zone 44.70 

Bulls will have full control above 44.70 and will fear the bears
Bears will have full control below 43.15  and will fear the bulls

All Above Spot Levels

AGAIN FROM TODAY I.E 31ST MAY 2010 AFTER ALMOST A MONTH 
WE WILL START LIVE COVERAGE / CALLS ON NIFTY WITH CHART ON ABNSTOCKS 

SO DO NOT MISS BE HERE LIVE WE WILL AGAIN START MINTING GOOD MONEY THRU INTRADAY TRADE  AS WELL :: HOPE ALL MINTED GOOD MONEY THRU POSITIONAL TRADES 

OM SHRI GANESHAYA NAMAH