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Showing posts from January, 2010

Carborundum Universal - POSITIONAL

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CARBORUNIV - Two Close above 196, Target 245 & 321

National Fertilizers - POSITIONAL

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NFL - above 112, Target 140 & 204

MphasiS

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MPHASIS - above 665 may go to 684-690 & 702. downside support 645 & 635

Jai Corp

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JAICORP - below 300 may come down to 280 & 270. resist 310

Educomp Solutions

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EDUCOMP - trade above 650 target 679 & 692

Bharati Shipyard

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BHARTISHIP - below 278 may come down to 258-253 & 237

Steel Authority of India

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SAIL - support 212-210 may go to 227-231

Rolta India

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ROLTA - above 193 may go to 203 & 209. support 186

Reliance Capital

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RELCAPITAL - below 775 may come down 745 & 725. upside resist 805 & 825

MBL Infrastructures

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MBLINFRA - If not break 208 may go to 230 & 244

Aban Offshore

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ABAN - support 1175-1150 resist 1260-1270

Mcleod Russel India

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MCLEODRUSS - If trade above 232 may go to 245 & 260

Infotech Enterprises

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INFOTECENT - above 356 may go to 372, 380 & 408

Orbit Corporation

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ORBIT - If not break 356 may come down to 329 & 311 upside hurdle 367 & 382

Jet Airways (India)

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JETAIRWAYS - above 542 may go to 562 & 576

Housing Development and Infrastructure

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HDIL - trade below 329 downside target 310 & 290. hurdle 345

Bhushan Steel

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BHUSANSTL - below 1537 may take to 1491 & 1450-1425

Bharat Forge

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BHARATFORG - 281-283 hurdle. downside may go to 264 & 253

HCL Technologies

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HCLTECH - Below 364 may fall to 349 , 332 & 320. Resist 372

NIFTY - VISION for the year 2010 AND BEYOND

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NIFTY - Two consecutive weekly close below 5000 confirm the downward target of 3700+. It may be one wave or two to three waves. This will be the correction for the first bull wave of 2300+ to 5300+(as such I presume, first bull wave was already over). After this correction we will going to see two more bull waves, which it will take the NIFTY to five digit figure. (exactly two years before i posted [dated 27 January 2008] titled "VISION OR MISSION" and still it is valid)

Brigade Enterprises

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BRIGADE - above 150 may go to 163 & 168

The Federal Bank

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FEDERALBNK - above 272 may go to 282 & 287. Good support @ 264

Havells India

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HAVELLS - hurdle 587-591 above this level may go to 615 & 638. downside support 570 & 542

Hindustan Copper

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HINDCOPPER - above 617 may go to 642 & 663

Jayshree Tea & Industries

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JAYSREETEA - Below 356 may come down to 345 & 330. resist @ 370

Kwality Dairy (India)

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KWALITY - above 157 may take to 172-175

NMDC

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NMDC - support 524-521 hurdle 577 & 605

NIFTY - what next ?

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NIFTY - In downside after break 4950 next attack 4860-4810 and below this level may slide upto4540-4490. If pullback happens, it may spick upto 5080 or maximum5120-5160.

NIFTY - WARNING

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NIFTY - today intra-day may come down to 5030 & 4980-4950 and after that whether it Close above 5050? (see 13 jan.10 posting). Major trend reversal may possible today favour to Bears. Can Bulls fight back ?

Siemens

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SIEMENS - below 622 may fall upto 605 & 592

Raymond

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RAYMOND - support 245 & 232 resist at 273 & 292

Mahindra Lifespace Developers

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MAHLIFE - support 390, 375 & resistance 420, 440

Jai Corp

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JAICORP - below 288 come down to 263 & 250

Everonn Education

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EVERONN - weak below 425 and after break 410 may fall 390 & 375

Dr. Reddy's Laboratories

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DRREDDY - last support 1100, if break and trade below this level next attack 1060-1050.

Bharati Shipyard

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BHARISHIP - Weak below 310 may come down 290-288 and below 276 & 248

Redington (India)

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REDINGTON - If not break 340 may comedown to 320-318. resist 355

Omnitech Infosolutions

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OMINITECH - If not break 197 (maximum 203) downside may expect 184-182 & 177

Havells India

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HAVELLS - resist at 632 & 654 / support 590 & 567

Jai Corp

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JAICORP - above 285 may touch 308-312. support 276, 262

MBL Infrastructures

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MBLINFRA - above 240 may attack 256 & 265

Walchandnagar Industries

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WALCHANNAG - If not break 287-290, may fall upto 272 & 265

Kotak Mahindra Bank

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KOTAKBANK - If not break 890-895, may fall upto 860 & 840

Housing Development and Infrastructure

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HDIL - trade below 380 may fall to 371-366

JSW Steel

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JSWSTEEL - Weak below 1165 may fall upto 1134 & 1118

Raymond

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RAYMOND - trade below 232 may fall upto 222-218

Yes Bank

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resistance 292 & 296 and support 278 & 270

Gammon India

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GAMMONIND - If trade above 262, may go to 277 & 292-295. support 251

Titagarh Wagons

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TWL - above 433 may go to 448 & 459

Yes Bank - POSITIONAL

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YESBANK - Two Close above 278 Target 385 & 514