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Monday, May 21, 2012
NF (4905) - All levels are remain same with slight change.
Resistance 4950-4980 & 5040-5060
Support 4860-4840 & 4780-4760
United Spirits
MCDOWELL-N (638)-
Double bottom support 610-605
so below that only next down fall
Otherwise expect in upside 675-685
and afterwards 732-742
Kotak Mahindra Bank
KOTAKBANK (551) - Range bound between 530 to 560
But above 560 upside target 590
and below 530 down side target 500
Friday, May 18, 2012
NF (4852) - Last four days holding the mentioned Support level 4840-4860
but unable to give meaningful pull back
so now Below 4860-4840 down side target 4780 & 4742
Now upside resist remain same 4970-4990 & 5040-5060
Yes Bank
YESBANK (302) -
As posted on 04th May "below 335 ultimate down target 300-290" till yesterday it made low 298.
now what next ?
so posted target and support remain same 300-290
But trade and stays below that
down move continue and going to attack 255-245
United Breweries
UBL (482) - Last hope and support 480-470
But trade and stays below that down side target 380-370
Titan Industries
TITAN (230) - Below 228 down side target 214-210 & 202-198
Thursday, May 17, 2012
NIFTY - Down target attacked but still...
NIFTY (5858) -
Click here to see the post dated 28th April
As posted, It broken 5100 on 04th May
and yesterday it attacked the mentioned minimum down side target of 5% (ie.4845)
(yesterday made low 4837)
And now, if not take support here
(allow 20 to 40 points deviation )
then next down side target is, as mentioned in the same post, optimum 10% that is
4620-4590
Wednesday, May 16, 2012
NF (4942) - No change in levels. All are remain same :
Support 4860-4840
timebeing whatever comes below that, is bonus
(may be 4810-4780
)
pull back target 4970-4990 & 5040-5060
Tuesday, May 15, 2012
NF (4888) - Support 4860-4840
timebeing whatever comes below that, is bonus
(may be 4810-4780
)
pull back target 4970-4990 & 5040-5060
PANTALOONR (151) - Resistance 154
and below 148 down side target
125-122
minor support 140-138
Monday, May 14, 2012
NF (4929) - Resistance 4970-4990 and above that next resist 5040-5060
Support 4910-4890 and below that next support 4860-4840
Punjab National Bank
PNB (745) -
Posted on 28th Feb "last hope and support 888 and below that down side target 750" as posted it broke the support 888 on 24th april and on 10th may it attacked the mentioned down side target of 750 (and last friday made low 735 also)
now what next ?
Crucial level 750
But three consecutive close below 750
then next short term down move target 560-540
( Already one close happened below 750 on last friday )
Otherwise expect pull back from here.
Ranbaxy Laboratories
RANBAXY (478) -
As reminded on 13th April, exactly it went up to the mentioned upside target of 533 (made high 533 on 25th April) and from there already fell down and last friday made low 470.
now what next ?
Down side support exists at 463-457
Reliance Industries
RELIANCE (697) - Double bottom support 690-687
Trade and stays below that big down move going to happen
otherwise expect pull back 725 & 745
Reliance Infrastructure
RELINFRA (473) -
As posted on 16th April "Below 525 down side target 476" as posted it already attacked the down side target for the last three days (made low 464).
now what next ?
Timebeing support exists at 469-464
But trade and stays below that next down side target 427-421
Tata Motors
TATAMOTORS (297) -
As reminded on 20th April It went upto the mentioned resistance of 320-324 (made high 320 not one day but three days on 19,20 and 21 april) and from there already corrected to 288 .
now what next ?
Support 292-288 and resistance 320-324
But trade and stays below 288 then next down side target 265-260
Friday, May 11, 2012
Canara Bank
CANBNK (419) - Face Resistance at 445-450
Bharat Petroleum Corporation
BPCL (705) -
Face hurdle 708-718
But trade and stays above that
up move target 737-747 , 772 & 795-800
Thursday, May 10, 2012
NF (4987) - All Levels remain same :
Now Resistance
5040-5060
& 5095-5125
Below that down side target 4940 and afterwards
4860
Bank of Baroda
BANKBARODA (641) -
Last hope and support 630-620
But trade and stays below that Ultimate down side target 381-366
In between support exists at 480-470
Century Textiles & Industries
CENTURYTEX (290) -
Posted 23rd April "below 330 down side target 290" as posted yesterday it attacked the down side target (made low 286)
now what next ?
Last hope and support exists at 285-275
But trade and stays below that short term down side target 216
and afterwards 188
Educomp Solutions
EDUCOMP (165) -
Last hope and support 165-155
But trade and stays below that short term down side target 97
and If not support there, then Ultimate down side target 61
Wednesday, May 09, 2012
NF (4996) - Now Resistance
5040-5060
& 5095-5125
Below that down side target 4940 and afterwards
4860
Union Bank of India
UNIONBANK (212) - Trade and stays Below 214-210
downside target 191-188 and below that 176
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