MURUGAVEL

NIFTY - support @ 4940 - 4900. but Close below 4900

VSTIND - Two Close above 560, Target 935

TCS - Above 695 , Target 1180

MOTHERSUMI - Two close above 152, Target 246 & 470

MERCK - Two Close above 640, Target 940 & 1650

ERAINFRA - Above 192 Target 320

CLNINDIA - Above 370 Target 592

HINDZINC - Two close above 1120, Target 2020

JINDALSTEL - If any body see better than this chart in the world for the year 2008-09, please inform me. Just i want to see it. Continues Higher High and Higher Low for the last Twelve months (Dec-08 to Nov.09). I hope this is the only one in the world. Still high is yet to form. Marching towards 1033 .

NIFTY - now may attack our TARGET ie. 5320 & 5467 (now trailing stop @ below 4900 closing basis)

NIFTY - So yesterday unable to close above 4960. Two continues close require to reach the upper target. It is time to alert . (see 08 Nov.09 posting titled NIFTY - pull back time)

NIFTY - Today closed above 4960, If tomorrow also close above this level, then upside target may be 5320 & 5467

ALFALAVAL - Breakout 1270 Target 1938

AVENTIS - Breakout 1575 Target 2500

BASF - Breakout 395 Target 726

ENGINERSIN - Breakout 1284 Target 2268

FDC -Breakout 66 Target 110

INDUSINDBK - Breakout 137 Target 248

KANSAINER - Breakout 960 Target 1600

NIFTY - Unable to close below 4646 three days in a row and now taking support at 4600-4650 zone.(i am not going to change the above numbers so it is valid as long as nifty is not breaking the recent high) so natural pull back is going on as expected. It may go upto 4830 and above 4960. Two close above 4960 only downtrend reversal possible otherwise it is only a stong pull back.