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Showing posts from December 19, 2011
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NF (4626) - Last friday mentioned resistance 4830-4850 (exactly it made high 4840) and mentioned ultimate down target 4632-4612 (exactly it made low 4624)

now what next ?
Below 4632-4612  next attack in down side 4502-4472
but stays below that,  this round ultimate  short term down target 4155_4036
Above 4612-4632  upside resist level  at 4686-4716 & 4775-4800






Hero MotoCorp

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HEROMOTOCO (1926) -  Double bottom 1900
But trade and stays below that down target 1570-1550
in between support 1760-1730

Larsen & Toubro

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LT (1073) -  Posted on 29th Sep "Hereafter upside hurdle 1460-1480  and 1550-1570 This round ultimate down target 1067-1054" After this above post, it made high  1450 on 13th oct and last friday it attacked the mentioned down target of 1067-1054 (made low 1060) now what next ? Trade and stays below 1067-1054  then  last hope and support exists at 1010-980 But below that next short term down target  567-547

Punjab National Bank

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PNB (827) -  Below 845-855
down target  735_705

Reliance Industries

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RELIANCE (722) - Now Double bottom support at 712-692
But trade and close below that next target in downside  575-565
and afterwards ultimate 520-510.
in between minor support at 650-640

Reliance Infrastructure

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State Bank of India

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SBIN (1679) -  Repeat the 21st Nov post once again.

Below 1686-1711 down side target 1598-1592

                                                and afterwards next down level  1402-1382.

and this round ultimate down target  1294


Siemens

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SIEMENS (649) -  Now resistance 650-660
Below that down side target 580-570

Union Bank of India

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UNIONBANK (187) -  Now resistance 190

 and trade below 185 take it down to 153-150
in between support 168-165