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




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...








 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



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

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



now what next ?

Timebeing support exists at 469-464

But trade and stays below that next down side target 427-421

Tata Motors




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




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