7 STOCKS RECMD DAILY LEVELS :: SUPPORT & RESISTANCE :: BEAR & BULL FEAR ZONE ::: TATASTEEL / JSPL / RELCAP / DLF / TATAMOTOR / EDUCOMP / KFA :: 16TH JUNE 2010

Dear Readers

Total unrealised MTM profit / loss per lot from buying avg without jobbing

TATASTEEL :: cmp - buying avg * lots size =  (491.90 - 493) * 764 = -840.4

TATAMOTORS :: cmp - buying avg * lots size =  (759.90 - 683) * 850 = +65365

EDUCOMP :: cmp - buying avg * lots size =  (538.4 - 486) * 375 = +19650

JINDAL STEEL & POWER :: cmp - buying avg * lots size =  (656.50 - 614) * 960 = +40800

DLF :: cmp - buying avg * lots size =  (272.50 - 264) * 800 =  +2244

RELCAP :: cmp - buying avg * lots size = (737.95 - 624) * 276 =  +31450.2

KFA :: cmp - buying avg * lots size = (45.30 - 40.80) * 4250 = +19125

TOTAL MTM AS ON CLOSING 15 June 2010 = Rs.+177794 (unrealised profit per lot)

1. TATASTEEL (491.90)
Day Resistance ::: 497 / 502 / 510
Day Support ::: 483 / 475 / 470
Weekly levels SL 467 close above 585 trg 597 & 515 ::: close below 455 trg 437 & 422

Trading Range / Zone :: 460- 515

Bear Fear Zone 470 ::: Bull Fear Zone 488

Bulls will have full control above 488 and will fear the bears
Bears will have full control below 470 and will fear the bulls

2. JINDAL STEEL & POWER (656.50)

Day Resistance ::: 661 / 666 / 672
Day Support ::: 648 / 641 / 638
Weekly levels SL 632 close above 660 trg 677 & 704 ::: close below 614 trg 587 & 570

Trading Range / Zone :: 625 - 690

Bear Fear Zone 624 ::: Bull Fear Zone 643

Bulls will have full control above 643 and will fear the bears
Bears will have full control below 624 and will fear the bulls

3. RELCAP (737.95)

Day Resistance ::: 749 / 761 / 776
Day Support ::: 722 / 706 / 696
Weekly levels SL 675 close above 701 trg 720 & 745 ::: close below 656 trg 631 & 612

Trading Range / Zone :: 690 - 760

Bear Fear Zone 675 ::: Bull Fear Zone 697

Bulls will have full control above 697 and will fear the bears
Bears will have full control below 675 and will fear the bulls

4. DLF (272.50)

Day Resistance ::: 278 / 283 / 292
Day Support ::: 264 / 256 / 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 (759.70)

Day Resistance ::: 770 / 779 / 793
Day Support ::: 741 / 739 / 730
Weekly levels SL 753 close above 784 trg 804 & 834 ::: close below 734 trg 704 & 684

Trading Range / Zone :: 740 - 844

Bear Fear Zone 716 ::: Bull Fear Zone 745

Bulls will have full control above 745 and will fear the bears
Bears will have full control below 716 and will fear the bulls

6. EDUCOMP (538.40)

Day Resistance ::: 554 / 569 / 578
Day Support ::: 529 / 520 / 504

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

Trading Range / Zone :: 500 - 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 (45.30)

Day Resistance ::: 45.90 / 46.50 / 47.20

Day Support ::: 44.70 / 44.20 / 43.60
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 - 50

Bear Fear Zone 42 ::: Bull Fear Zone 43.50

Bulls will have full control above 43.50 and will fear the bears
Bears will have full control below 42 and will fear the bulls

All Above Spot Levels

OM SHRI GANESHAYA NAMAH