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Showing posts from August, 2013

USDINR - an update

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USDINR (65.71) -  If it hold above 65 then the upside target 70+ and afterwards 74+
But stays below 65 then the down side target 61+

Bharat Forge

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BHARATFORG (252) - Yesterday break out happened 
So Now support exists at 248-237
Above that upside target  307-318 

HCL Technologies

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DLF

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Cairn India

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CAIRN (325) - Hereafter support 313-310
 and trade above 330 upside target 354
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NF (5284) - Already posted levels are remain same 

that is below 5300-5280 next in down side 5220-5200
But in case trade and stays below that next down side target 5000-4970

Asian Paints

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ASIANPAINT (410) - Posted on 01st Aug Support 500-490 but it broken the support on 05th aug and from there non stop fall to 412 and after a pull back up to 444  and once again made low 398 and  once again pull backed to 435 and now trading at  410

now what next ? 
Once again Recent low  of 398 is Support 
But trade and stays below 398-394 next in down side  382-380, 362-360 &  346-342



Allahabad Bank

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ALBK (68.30) - Support level  70---65 and real up move, if it hold  above 75 only 
But below the support then down side target 56-54  & 46-44

Infrastructure Development Finance Company

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IDFC (94.75) - Below 94 last hope and support 90-86

But below that down side target 66-62

Tata Steel

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JSW Steel

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JSWSTEEL (545.90) - Posted on  17th July "Last hope and support 563-555 but below that another break down going to happen that take it down to 465-460"
Exactly It happened. On 29th July it Closed below 555 and on 19th Aug it attacked the mentioned down side  target of 465-460 (made low 462) not only that, it also took support there and yesterday once again come to the mentioned  upside  level of 563-555 (made high 557) .
 what next ? 
Now target and hurdle 575-585




ITC

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Dabur India

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DABUR (149) - Posted on 14th May "Top out hurdle 166-174" as posted not one time but two times it attacked the top out hurdle and from there fall started and up to yesterday it made low 145.65.

now what next ? 
On going fall going to arrest at 144-139
But trade and stays below next in down side 112-108

AMBUJA CEMENTS

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AMBUJACEM (156) - Below 163 down move only 
target 144-140  and below that  114-110
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NF (5417) -  Resistance 5450-5470
below that down side target 5300-5280 & 5220-5200

Canara Bank

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Bharat Heavy Electricals

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BHEL (103) - Regarding this.already tweeted on 05th Aug itself and below is the embed on this.

Bharat Heavy Electricals http://t.co/dxEyx384OO / support 122-118 and below that 112-108 / in case break below both levels then 88 & 68-66
— MURUGAVEL (@murugavell) August 5, 2013

Bank of India

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BANKINDIA (153) - Target and Support 146-140
but below that down move continue to 117-112



Adani Enterprises

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ADANIENT (162) - See post dated 17th June "as posted below 180-175 it came down to the mentioned down side target of 151-141 (it made low 145.50 on 02nd Aug and from there it moved up and resisted at 174 )
so as posted already mentioned all levels are remain same 
that is Resistance 175-180
below that down side target and support 151-141
and below that next in down side  126-116




ACC

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ACC (1124) - Last hope and support 1100-1080
But below that down side target  920-900

USDINR - update

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NIFTY - just reminder

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Syndicate Bank

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SYNDIBANK (70.60) - It seems time being bottomed out yesterday 
So now Support 69-66
above that upside target  93-96
in case trade and stays below the support
 then next in down side 56-55  & 47-45

Tech Mahindra

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TECHM (1331) -Posted on 15th July "Above 1154-1176 upside target 1346-1360"  as posted  it broke and close above 1176 on 23rd July and now nearing the mentioned target (up to yesterday it made high 1338) 

no doubt today mentioned target going to attack and
afterwards  now what next ? 
In case trade and stays above 1346-1360
ULTIMATE POSITIONAL UPSIDE TARGET 1830-1850
 in between resist at 1475-1500
hereafter if any correction comes, strong support exists at  1160-1140



Wipro

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WIPRO (467) - Upside target and Hurdle  490-510
But trade and stays above that Ultimate upside target  690-710
in between resist at 540-550

Zee Entertainment Enterprises

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ZEEL (248) -  Resistance 249-252  but above that upside target 264-268
and afterwards  283-286 and 301


Sun Pharmaceuticals Industries

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SUNPHARMA (505) - Down side support 467-457
Upside  resistance 542-552

NIFTY - an update

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NIFTY (5542) - Support  5525-5475 
But trade and stays below that  Ultimate down side target  4775-4725
in between support 5225-5175

JSW Steel

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JSWSTEEL (527) - Now time 12.30 p.m. As of  now trading at 506 after making low of 501.05
already down side target posted on 17th July itself 
that is 465-460
But in case trade and stays below that  mega break down going to happen 
Ultimate down side target 180-160
in between support at 370-350

Infosys

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INFY (3008) -  Resistance 3000-3030
But above that upside target 3260-3300

The Karnataka Bank

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LIC Housing Finance

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LICHSGFIN (164) - Last hope and support 150-140
But trade and stays below that down side target  80-70

Mahindra & Mahindra

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NMDC

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NMDC (96.80) - Upside hurdle 115-120 
and  now below 98-102 marching towards 66-64
in between support at 88

Power Grid Corporation of India

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POWERGRID (91.35) - Below 92-94 ready for big down move
and now trade below 86---82
take it down to 59---52

PTC India

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PTC (39.95) - Last hope and support 38.40-37.30
But trade and stays below that down side target 28-27

Rural Electrification Corporation

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RECLTD (151) - Last hope and support 145-140
But trade and stays below that down side target 121---110

Reliance Infrastructure

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Shree Renuka Sugars Limited

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RENUKA (15.45) - Support 15-14 but below that down side target 9

Siemens

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Tata Chemicals

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TATACHEM (263) - Upside face resist at  266-272  and above that 287-293
and now trade below 253-250 down side target 192-187

Union Bank of India

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Vijaya Bank

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Voltas

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VOLTAS (74.60) -  Posted on 25th March itself  "Downside target and support 72-68" as posted it took support at 73 on March 2013 itself and from there it moved up 96.70 in May 2013 and from there falling down and attacked once again already mentioned support level of 72-68 (till now made low 71.20) 

So already mentioned levels remain same
that is Last hope and support 72-68
But trade and stays below that Already mentioned down side target 48----41 remain same and intact.


USDINR - update

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USDINR  (61) - It seems(may be time being) 
goingto top out at 62.93-63.23
in this month of August 2013
If it so, 
then the down side first target 59.32-59.22

and below that Ultimate target 57.55---56


Apple Inc.

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APPLE ($ 461) - Topped out at $ 705 on September 2012 and from there it corrected almost half of the value and bottomed out at $ 385 on April 2013  and  in the last four months consolidation is going on...
now what is in ? 
Now Face Resistance $ 465-470
But trade and  stays above  that up side target $ 540-545
in between resist at 497-503

HCL Technologies

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HCLTECH 930) - Already posted positional target of 1440-1460 intact and posted in between resist of 990-1020 also intact. 
But now if not break and stays above 950-955 then expect correction up to 895-885  & 845-835