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Showing posts from January 6, 2011
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NF (6098) - As expected and posted, below 6149 it came down to 6090-6070  level (yesterday low 6087) today also same level maintained ie. 6090-6070 but below 6070 last hope and support 6040-6020. thereafter only real fall going to start. Upside hurdle remain same 6149-6169

The Federal Bank

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FEDERALBANK (381) - Trade and stays below 380  down move to 353_344 

Housing Development Finance Corporation

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HDFC (708) - Day before yesterday , posted here, top out 738 expect down side target 713 & 691.   As expected, exactly it went upto 738 and from there, it corrected to 706 also . now as mentioned,  below 713 fall continue to 691.

Maruti Suzuki India

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MARUTI (1412) - Range 1475-1375. Now Close above or below this range expect Rs.100 move.

Mcleod Russel India

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MCLEODRUSS (217) - Strong Hurdle 223 but trade above this, upmove to 232 and afterwards 243-246.

Opto Circuits (India)

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OPTOCIRCUI (252) - Below 250, come down to 242 & 229

Orchid Chemicals & Pharmaceuticals

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ORCHIDCHEM (305) - As posted on 31st Dec. It exactly met the mentioned target of 315 (high 317) from there, it is correcting. now expect 290-285. Upside hurdle remain same at 315, hereafter shows strength thereafter only.

State Bank of India

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SBIN (2693) -  Last hope and support 2665-2650. But trade and stays below that, down side target 2460 and afterwards 2350.

Tata Power Company

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TATAPOWER (1401)  - Reminder, as posted on 31 dec. above 1345 it is moving up, and target of 1428 intact

Tata Steel

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TATASTEEL (681) - As posted yestereday, it reached the down target 678,   now below 678, support exists at  672-670 if not take support here, then expect fall continue to 658-653.