TECHNICAL VIEW FOR 21st FEB 2013.

Wednesday, 20 February 2013 by TRUST CAPITAL ·

Labels: icicibank, infosys, nifty, technical call, technical view

NIFTY

Nifty has strong support near 5820-5830 levels. If manages to hold onto it, can bounce back to 5920-5950. On the downside if breaks 5820 can test 5730-5750.

ICICI BANK

ICICI Bank has strong support near 1100 levels. If closes below 1100 levels, can see 1060. On the upside has strong resistance at 1140-1160 levels.

INFOSYS

Infosys has been moving in a small range of 2750-2820 recently. Has strong resistance at 2820 levels. Once manages to cross it, can head upto 2900 levels. On the downside below 2750 can test 2700.

Wednesday, 20 February 2013

TECHNICAL VIEW FOR 21st FEB 2013.

NIFTY

Nifty has strong support near 5820-5830 levels. If manages to hold onto it, can bounce back to 5920-5950. On the downside if breaks 5820 can test 5730-5750.

ICICI BANK

ICICI Bank has strong support near 1100 levels. If closes below 1100 levels, can see 1060. On the upside has strong resistance at 1140-1160 levels.

INFOSYS

Infosys has been moving in a small range of 2750-2820 recently. Has strong resistance at 2820 levels. Once manages to cross it, can head upto 2900 levels. On the downside below 2750 can test 2700.

TECHNICAL VIEW FOR 21st FEB 2013.

Posted: 11:38
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Author: TRUST CAPITAL
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Filed under: icicibank, infosys, nifty, technical call, technical view

NIFTY

Nifty has strong support near 5820-5830 levels. If manages to hold onto it, can bounce back to 5920-5950. On the downside if breaks 5820 can test 5730-5750.

ICICI BANK

ICICI Bank has strong support near 1100 levels. If closes below 1100 levels, can see 1060. On the upside has strong resistance at 1140-1160 levels.

INFOSYS

Infosys has been moving in a small range of 2750-2820 recently. Has strong resistance at 2820 levels. Once manages to cross it, can head upto 2900 levels. On the downside below 2750 can test 2700.