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Showing posts from December, 2012
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NF (5955) -  Levels remain same : 
Resistance 6005-6035
Support  5875-5845 Next movement going to happen only break and stays either above the Resist or below the Support  levels Until then this is the trading range.

Jyothy Laboratories

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Tata Communications

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TATACOM (237) - See post dated 17th Dec. about its double bottom at 221 and said in the same post for this bottom support of 221-218 and mentioned upside target 237-240.
After this above post it repeated took support at the mentioned level of 221-218( came down to 220 on 24th Dec and 221 on 27th Dec,) and last Friday it moved up  and attacked the mentioned upside target (made high 238.80) .
now what next ? 
Mentioned target and resist remain same at 237-240
But in case trade and stays above that next in upside 260-265

Torrent Power

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TORNTPOWER (190) - Already posted on 20th Dec. Just click here and read.
As posted last Friday only it  crossed and closed above the mentioned resistance so now it become support and the mentioned target remain same and intact.

Union Bank of India

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UNIONBANK (275) - Already posted on 17th Dec. "going to top out between 275-285 But In case trade and stays above that ready for  next up big move "
and up to last Friday  it made high 275.30
in case if it trade and close above the mentioned top out level,  then will post the mega upside target 

Wipro

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NF (5930) - Based on  Jan 2013 expiry Fut. premium now the levels are changed accordingly.
Resistance 6005-6035
Support  5875-5845
Next movement going to happen only break and stays either above the Resist or below the Support  levels.

Sudar Industries

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SUDAR (174) - Resistance 177-181
But above that upside target 208-212 and afterwards 232-236
Down side support exists at 150_140

NIFTY OPTION STRATEGY FOR JANUARY 2013

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This is New year gift from murugavel.com for the new year 2013

NIFTY option strangle strategy for January 2013 expiry

Strategy  : Buy 6100 CE (43) and 5800PE (41) :  both will cost Rs.84/- (as per yesterday close )

Reward   :     Double or more  , in either one side of the option

Risk :  50% of the Buying cost.

Reason : Till now lowest monthly  spread happened in Dec. 2012.


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NF (5913) - Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :    Support 5840-5810  (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947) But below that next in downside 5745-5715 Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961) But above that next in upside 6083 & 6155 


Berger Paints (I)

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BERGEPAINT (160) - Now support 156-152
Above that upside target 182-186

Mahindra & Mahindra Financial Services

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M&MFIN (1118) - Already posted on 12th Nov. itself. It is only a reminder...
Till yesterday it made high 1128

Indian Bank

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The Federal Bank

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FEDERALBNK (524) - Hurdle 530-535 
But trade and stays above that upside target 570-575
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NF (5868) - Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :    Support 5840-5810  (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947) But below that next in downside 5745-5715 Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961) But above that next in upside 6083 & 6155

Sun Pharmaceuticals Industries

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SUNPHARMA (741) - As posted on 23rd Oct and reminded on 20th Dec. it attacked the mentioned target of  777 (made high 776 on 20th dec.) and from there it corrected up to 725.
Now it seems correction over at 725 and once again target 777
And in case trade and stays above that next in upside 801 & 827

Exide Industries

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EXIDEIND (136.65) - Hope and support 137-135
But trade and stays below that down side target 120
in between minor support 130-128

Zee Entertainment Enterprises

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ZEEL (230) - It is just reminder of the post dated 05th Dec.
So day before yesterday, it crossed and closed above the mentioned resistance of 218-224 (after holding in that level 4 days)
So now the ultimate upside target of 318 intact.
and Don't forget the in between resist of 242-246

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NF (5853) -  Below mentioned levels are repeatedly posted here from 10th Dec. onward and as usual all levels are remain same (because this month, till now it is trading in the tight range) :   

Support 5840-5810  (on 18th Dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th Dec. and last Friday once again it made low 5947) But below that next in downside 5745-5715 Resistance 5975-6005 ( on 11th Dec made high 6003 and  once again 19th Dec it made high 5961) But above that next in upside 6083 & 6155 

Castrol India

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CASTROL (297) - Last week it came down to 285 and it seems correction over.
and now above 296 go up to 305-307 and 317-320
and afterwards 334-338 but above that ultimate upside target 390-395.
Respect all given levels.

Century Textiles & Industries

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CENTURYTEX (408) -  Trade below 410-406 weak,
If it is, then down side correction 391-388
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NF  (5931) : All levels remain same :   
Resistance 5975-6005 But above that next in upside 6083 & 6155  Support 5840-5810  (this support posted here for the past 8 trading session and on 18th dec. exactly it attacked and made low 5838 and from there  moved up and made high 5961 on 19th dec.) But below that next in downside 5745-5715 .

JSW Steel

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JSWSTEEL (824) - Already posted on 27th Sep about its hurdle of 760-780 now after breaking the mentioned hurdle up to yesterday made high 831. mentioned in that post about its forthcoming mega movement target.
  now where it is ?
Upside target 886-896
If it trade and stays above this target, then short term upside target 1206-1216
in between resist 1000-1020.

DLF

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DLF  (226) - Resistance 229-232 
But trade and stays above that next in upside 244-247 and afterwards 260-264

Canara Bank

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Aurobindo Pharma

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AUROPHARMA (195) - Immediate support 193-190 and good support at 183-180
Above that upside target 204---212---221

Adani Enterprises

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ADANIENT (271) - Posted on 11th Dec. Above 261-268 upside target 291-298 as posted exactly it took support at 261 on 14th Dec. and day before yesterday exactly it attacked the mentioned upside target (made high 297 and  from there yesterday it crashed up to 269.
now what next? 
Support remain same at 268-261
Resistance remain same at 291-298
Break and trade below/above only expect next movement. otherwise this is the trading range.
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NF (5942) - All levels remain same :   Resistance 5975-6005 But above that next in upside 6083 & 6155  Support 5840-5810  (this support posted here for the past 8 trading session and day before yesterday exactly it attacked and made low 5838 and from there  moved up and made high 5950 with in single and same day) But below that next in downside 5745-5715

Strides Arcolab

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Sun Pharmaceuticals Industries

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SUNPHARMA (765) - What to write except repeat the previous post.
Already posted on 23rd Oct. itself about its upside target of  777. and up to yesterday it made high 770.
One of the Best Continuous Performing Stock for the Past 10 Years.
that performance still going on.......

Tata Motors

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TATAMOTORS (307) - September onwards posted here target of 300 and latest update on 19th nov.
At last yesterday it attacked the target and even closed above that also.
Now what next ? 
If not break 302-298 then going to once again top out at 320-324 
(this was posted on Feb 2012 itself and once again reminded on 20th April 12 and that time exactly it resisted at 320and from there it corrected  and made low 203 in July month)
in case if it trade and stays above 320-324 then ready for next big up move 


Tata Consultancy Services

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TCS (1232) - Day before yesterday bottom formed at 1197 and  so now that is the support and the target  is 1300-1325

Torrent Power

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TORNTPOWER (184) - Resistance 184-189
But trade and stays above that upside target 212-216

United Breweries

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UBL (952) -  Now Resistance 976-986
Above that upside target  1045-1055
But afterwards next in upside 1190-1210
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NF (5929) - All levels remain same :  
Resistance 5975-6005 But above that next in upside 6083 & 6155  Support 5840-5810  (this support posted here for the past 8 trading session and yesterday exactly it attacked and made low 5838 and from there  moved up and made high 5950 with in single and same day) But below that next in downside 5745-5715



Tata Steel

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TATASTEEL (414) -Posted on 03r Dec. "Support 385-380, Above that upside target 410-415"
After this post it came down to 386 and yesterday it attacked the mentioned target (made high 416) 
Now what next ? 
Now if trade and stays above 410-415 face last hurdle 426-431
But above that short term upside target 492-498



Reliance Capital

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Hindalco Industries

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HINDALCO (127) - After long congestion and consolidation now it is readying for a big up move.
Last hurdle 128-130
But above that next attack in upside 155---165
and afterwards short term upside target 220-230

HATHWAY

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HATHWAY (295) - See post dated 16th Nov.
Till yesterday it made high 303 But still to go...........

Gravita India

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GRAVITA (179) Once upon a time on 30th july posted here Last hope and support 165-160 but below that big crack. where as in the last 4 months it repeatedly took support at 160 and now it is moving up.
Now face resistance 185-188 
and  above that next in upside 203-207
But trade and stays above that short term upside target 250-254

Bank of India

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BANKINDIA (321) - Hereafter support 315-310
Above that upside target 362-366
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NF (5889) - All levels remain same :  Resistance 5975-6005 But above that next in upside 6083 & 6155 Support 5840-5810 But below that next in downside 5745-5715

Jindal Steel & Power

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LIC Housing Finance

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LICHSGFIN (283) - See post dated 25th Sep. as posted already it resisted at 284 in October month and from there it corrected to 238 and now once again attacking the same resistance.
So now it seems  readying for the mentioned big up move, 
If it is trade and stays above the mentioned hurdle of 281-284
then in due course all mentioned upside levels are possible.
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NF (5918) - All levels remain same : 
Resistance 5975-6005
But above that next in upside 6083 & 6155
Support 5840-5810
But below that next in downside 5745-5715


Bajaj Auto

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BAJAJAUTO (2081) - See the reminder post dated 11th dec., as posted, once it cleared 1975 on 11th sep itself and with in four session it moved up 2105 so mentioned upside target of 2201_2262 still due...
but now it seems ready for a small correction
now it not move beyond 2090-2110 expect correction up to 2020-2000
but move beyond 2110 already mentioned upside target of 2201-2262 intact.

Hindustan Unilever

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HINDUNILVR (517) - Strong support exist at 515-510  &  500-495
But trade and stays below that ready for a big down move 
In that case short term down side target 468 and afterwards 437

IPCA Laboratories

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Motherson Sumi Systems

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MOTHERSUMI (201) - Already moved up substantially but still to go 
Now marching towards 255-265
Down side support exists at 180-170