Posts

Showing posts from February, 2010

NIFTY - next move

Image
NIFTY - yesterday reached the resistance (refer 14 feb. 10 post :http://www.murugavel.com/2010/02/nifty-what-is-in.html ).
So what will be the next move ? If not break 4990-5020, may come down to 4760 and after that 4560-4540. But two close above 5020 may go to 5080 & 5190.
Image

Aban Offshore

Image
ABAN - If not break 1150, go to 1184 & 1202.

Divi's Laboratories

Image
DIVISLAB - If not break 617-622, may come down to 601 - 593

Aqua Logistics

Image
AQUA - 242 & 247 hurdle. downside may come down to 224 & 215.

Tata Consultancy Services

Image
TCS - above 768 upside target 782 & 792. support 757.

Titagarh Wagons

Image
TWL - below 388 next attack in downside 355 & 335. hurdle 404.
Image
Earlier levels are valid, as long as maintained it. use it,if you can.

NIFTY FUTURE

Image
NF - below 4868-4874 come down to 4828, 4802-4797 & 4740. Hurdle 4892.

Bajaj Hindusthan

Image
If take support at 152-150, then go upto 162 & 171. but close below 150 next attack 129-125.

Ador Welding

Image
ADORWELD - below 197-199 come down to 184 & 178. hurdle 205 & 214.

Indo Tech Transformers

Image
INDOTECH - Trade below 330 come down to 321 & 311

NMDC

Image
NMDC - below 439 come down to 428 & 415. otherwise 462.

The State Trading Corporation of India

Image
STCINDIA - below 500 come down to 476 & 461. hurdle 510-512.

NIFTY FUTURE

NF - above 4840 go to 4893 & 4925-4932. support 4802.

Bank of Baroda

Image
BANKBARODA - below 575 come down to 550 & 537-533

Jet Airways (India)

Image
JETAIRWAYS - If trade below 463-461 come down to 452 & 442-437.

Zuari Industries

Image
ZUARIAGRO - If not break 533, in upside attack 554 & 568. otherwise come down to 503.

Axis Bank

Image
AXISBANK - above 1092 move to 1120 & 1151. support 1078.

Jyothy Laboratories - POSITIONAL

Image
JYOTHYLAB - Two Close above 192, Target 240-246, 290 & 342.

Apollo Tyres - POSITIONAL

Image
APOLLOTYRE - Hurdle 63 but two close above that level may move to 80 & 111.

JK Tyre & Industries - POSITIONAL

Image
JKTYRE - Strong Hurdle 200-205, but two close above that level may target to 260-270 and 358.

TVS Srichakra - POSITIONAL

Image
TVSSRICHAK - support 178 & 160. upside target 280 & 310.

Kabra Extrusion Technik

Image
KABRAEXTRU - If not break 208 may go to 218, 226 & 240 otherwise come down to 195.

Thinksoft Global Services

Image
THINKSOFT - high risk trade- if downfreeze release today with big volume then may move to 285-290 but it is only a pull back.

Educomp Solutions

Image
EDUCOMP - If unable to break 702 may come down to 680-675. upside momentum above 720-724 only.

Ranbaxy Laboratories

Image
RANBAXY - below 445 may come down to 432 & 420. upside hurdle 452-455.

Bombay Dyeing & Mfg Co

Image
BOMDYEING - hurdle 565-567 above that may go to 587-592 & 614. support 540.

Magma Fincorp

Image
MAGMA - above 227 last hurdle 236-238 after that next attack 264 & 275. support 218.

MphasiS

Image
MPHASIS - below 735 come down to 717 and above 754 go up to 775

VIP Industries

Image
VIPIND - timebeing topped out. so hurdle 286 & 296. downside may come down to 258 & 245

Tata Steel

Image
TATASTEEL - strong hurdle 588-594. downside target 575 & 563

NMDC

Image
NMDC - below 484 may come down to 470 & 462. resist 495-500

Mcleod Russel India

Image
MCLEODRUSS - trade above 246 may go to 256-258 & 269

JK Cement

Image
JKCEMENT - If break and trade above 195 may go to 203 & 208. otherwise come down to 183 & 175.

Indo Tech Transformers

Image
INDOTECH - below 320 may come down 309 & 295-290. resist 326-330.

Thinksoft Global Services

Image
THINKSOFT - free fall may continue... 345-335 & 255

HCL Technologies

Image
HCLTECH - above 366 may attack 382-386

Aban Offshore

Image
ABAN - above 1234 may go to 1264 & 1324

Hindustan Oil Exploration Co

Image
HINDOILEXP - above 276 may go to 294 & 307

Jain Irrigation Systems

Image
JISLJALEQS - 885-895 hurdle. If not break then may come down to 848-838 & 820.

Indraprastha Gas

Image
IGL - above 214 may go to 224 & 242

National Fertilizers

Image
NFL - above 145 may go to 153 , 160 and above next target 182.

Hind Rectifiers

Image
HIRECT - above 84 may go to 88 & 93 support 79

SREI Infrastructure Finance

Image
SREINTFIN - above 65.50 may go to 69.50 & 72 support 63.50

Strides Arcolab

Image
STAR - above 305 may go to 317, 324 & 336. support 298

Prakash Industries

Image
PRAKASH - above 204 may go to 212 & 216

OnMobile Global

Image
ONMOBILE - below 375 may come down to 355-350 & 327. resist 384.

Aurobindo Pharma

Image
AUROPHARMA - above 933 may go to 950-960 & 990-999. support 910.

Hindustan Oil Exploration Co.

Image
HINDOILEXP - above 276 may go to 292-295 & 307 support 266, break this may come down to 250-247.

Ranbaxy Laboratories

Image
RANBAXY - above 415 may go to 429-432 & 447. support 404