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Showing posts from November, 2013

Sun TV Network

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SUNTV (370) - As posted on 13th Nov. it attacked the down side target and support level of 365-355 (in the last two day it made low 364).
so as posted on 05th Nov. exactly it resisted at  455 and from there fall started and  it came down and attacked the mentioned support level of  365. so Rs.90/- fall happened with in this month itself. 

Now 365-355 is the support 
if not break this level, once again up move.
if break and close below, then, will post the next down side level, and as such not require. 



Glenmark Pharmaceuticals

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GLENMARK (505) - Double bottom formed at 490 
so now  support 490-480
if hold above upside target 570-580


Pidilite Industries

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PIDILITIND (299) - Make or break level   290-305
so now trade and stays above that next upside target 385-400

JSW Steel

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JSWSTEEL (920) - Posted on 25th Nov. about its top out at 880-910 level, whereas yesterday it broken and closed above 910 and now as posted on 18th Nov. above 910 face once more resist at 940-955
so now above 880-910 next resist at 940-955
in case trade and stays above this level then ready for mega up move. 

Rallis India

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RALLIES (172) - Going to top out 180--190
But trade and stays above that then ready for mega up move 
for this upside target 260--270

Siemens

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SIEMENS (610) -See the post dated 05th Aug. "Said in that post, when it was trading at 450 "now the mentioned down side target of 420-410, striking distance only " after this post it came down to 420-410 level ,in the rest of whole month of Aug.2013 (made lowest low 414 on 28th Aug) and repeatedly took support at the mentioned level of 420-410 (not one day but totally 5 days ,on 19,28 & 30th Aug. and 3 & 4th Sept.) 
So from the posted resistance of 628 to 414 one full round completed and from their once again upward journey started and as on yesterday it made high 617.
****
now what next ? 
once again resistance remain same at  620-640
But trade and stays above that ready for big up move 
Ultimate upside target 830--850 

****
Click the below chart to get the zoom view to know the mentioned support 


Sobha Developers

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SOBHA (337) - Now Resistance 335-345
But trade and stays above that upside target  395-405

United Breweries

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UBL ((777) -  
United Breweries http://t.co/8FCfP0QF9T / as posted exactly it came down to 720 on 22nd Nov. & took support, as on yesterday made high 784
— MURUGAVEL (@murugavell) November 27, 2013


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NF (6134) - As per reminder post dated 22nd Nov. It took support exactly at 5990-5960 level (made low 5983 on 22nd Nov.) and yesterday it almost attacked the mentioned upside target of 6150-6180 (Yesterday made high 6141)
So all levels are remain same , that is 
Target and resistance 6150-6180and  6230-6250
and down side support remain same at 5990-5960
 in between support  exists at 6080-6060




Larsen & Toubro

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LT (1002) -Posted on 15th Oct. "Posted target and resistance of 896-911 remain same,but trade and stays above that up move continue to 1002-1024"
as posted it broken 911 on 21st Oct. and from there it went up to 990 on 03rd Nov (target short fall  Rs.12/-) and from there it corrected and exactly took support at the break out level of 911 (made low 912 on 13th Nov.) and from there it moved up once again and yesterday it attacked the mentioned upside target of 1002-1024 (made high 1004.75).
Now what next ? 
mentioned target and resistance remain same at 1002-1024
in case trade and stays above that up move continue to 1075-1088




HCL Technologies

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HCLTECH (1053) - Now it is in the bottom of the recent correction 
so support 1045-1025  above that upside target 1105-1125

Coal India

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COALINDIA (270) - Support 268-265
 above that upside target 290-294
But below 265 down side target 252-248


Cipla

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CIPLA (387) - Correction from 450 to 385 and now it seems correction ended here. and now it is bottomed out. 
so now Bottom out support 386-380
above that once again up move going to starts...


Canara Bank

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Axis Bank

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AXISBANK (1115) - If hold above 1100-1075 upside target 1175-1195

Aban Offshore

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ABAN (360) - In the last four month it moved up from 188 to 360 (that is more than 90%) and yesterday, break out close happened 
So now support 340-320
Above that next upside target 480-500
This target going to attack after a correction or even without. 

Divi's Laboratories

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DIVILAB (1162) - Posted on 01st Nov. "support 975--955, above that  upside target 1065--1095 & 1145-1175" on the posted date itself it made low 969 (that is the exact support level) and yesterday it attacked the mentioned upside target of 1145-1175 exactly (yesterday high 1172).
It gave more than Rs.200/- that to in this month itself.
now what next ? 
above 1145-1175 going to TOP OUT 1215-1245
But in case trade and stays above that next mega break out going to happen
for this Ultimate upside target 1560-1580
in between resist exists at 1375-1400

Hindustan Unilever

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HINDUNILVR (571) - Below 581 weak only
so if not move beyond then the down side target 555-545

JSW Steel

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JSWSTEEL (874) - 18th Nov. Reminder post was posted about its target and resistance of  880-910, as posted it made high 909 exactly on 20th Nov. and from there coming down and  as on last Friday it made low 867.

Now it seems topped out 880-910 level. (weekly chart also says so)
and it seems, the rally from low of  462 (Aug.2013) to 909 ( Nov.2013) come to an end.
 the bottom was posted on 17th July not only that top also posted on 07th Oct.
Now if not move beyond 880-910, then the down side target  755-735
in  between support 830-815 & 785-770



Reliance Industries

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Sesa Sterlite

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SSLT (174) - As posted on 18th Nov. now attacked the mentioned target and support of 175-170 (last Friday it made low 173).
so it went up to the mentioned hurdle of 210 and now come down to the mentioned support level of 175-170 
so now support remain same but worst case it may come down to 166-162
but trade and stays below that ,
 then next in down side 127-118


Sun Pharmaceuticals Industries

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SUNPHARMA (575) - on 14th Nov.  tweeted and the following is that embed 
Sun Pharmaceuticals Industries http://t.co/BV8NafyeRQ / today it trade above 620 move up to attack the target but trade below 605 weak
— MURUGAVEL (@murugavell) November 14, 2013
as tweeted on that date it made high 620 not able to move beyond that and on the same day, broken 605 and as on last Friday it made low 568.
 what next ?
Now if not move beyond 577-587
down move continue to 551-541

Tata Elxsi

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TATAELXSI (244) - Face resistance 254-264
but trade and stays above that upside target 345---365
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NF (6018) - In this round of up move,Even though it surpassed 6220(on 18,19 & 20th Nov.) but, not moved upward (made high 6240, forecast went wrong to predict the resistance exactly) and fell down, now once again almost came down to the mentioned target and support level of 5990-5960 (yesterday low 6003 and still target short fall 13 points).
now what next ? 
Already mentioned support level of 5990-5960  remain same
But trade and stays below that next down side target 5780-5750
now  immediate resist exists at 6060-6080 
above that next in upside 6150-6180 & 6230-6250
**** Below is the daily chart of Nifty Future (click the chart to see the zoom view)


Bank of India

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Asian Paints

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ASIANPAINT (509) - upside resist 515-520
 below 505 down side target 485 
in between support 494

ACC

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ACC (1030) -  Below 1055-1075 weak only
and now trade and stays below 1020-1010
down side target 960-940

Reliance Industrial Infrastructure

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Zee Entertainment Enterprises

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Indiabulls Housing Finance

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IBULHSGFIN (224) - regarding this stock, tweeted on 26th Sep. and below is the embed.
IBULHSGFIN (180) - yesterday bottomed out so now support 180 and below 165 if hold then upside target 220-230
— MURUGAVEL (@murugavell) September 26, 2013

After this tweet it made low 175 on 30th Sep. and it attacked the mentioned target upper end on 06th Nov. (exactly made high 230) from there corrected up to 207 and now once again moving up.
now what next ? 
Resistance 230-235
But trade and stays above that next upside target 290-295


Hindalco Industries

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Housing Development and Infrastructure

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HDIL (48) - Hold Above 47-45 upside target 58-60 & 70-74

Cipla

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CIPLA (400) - Below was tweeted on 15th Oct. and the following  is the embed
CIPLA (422) - BELOW 430 WEAK ONLY AND NOW TRADE BELOW 420 DOWN SIDE TARGET 409 & 393
— MURUGAVEL (@murugavell) October 15, 2013

After this tweet, it went up to 429.75 on 07th Nov.(mentioned, weak below 430),  from there fall started  and as on yesterday it made low 399.25  (mentioned down side target 393)
So now target and support 395-390

CESC

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CESC (395) - 05th July itself posted here, "Above 350-340 upside target 425-450 ,  Mega break out going to happen above  450,  if it happen then, will  post the upside target "
Even though this is posted on July month,
it comfortable broken 350-340 on 31st Oct. only
and as on yesterday it made high 406.80
so now already mentioned target and hurdle of 425-450 remain same.
as said in the same post, if it broken 450 comfortably then,  will post the next mega target, 

Biocon

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BIOCON (370) -  Now support 370-365 
If hold, upside target 390-395

Bata India

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BATAINDIA (1031) - Breakout happened
So Now Support 990-970
As long as stays above that short term Ultimate upside target  1280-1300


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NF (6217) - Now support 6220-6190 & 6150-6130
Above that once again upside target  and  Resistance 6330-6360 
But below the support next in down side 5990-5960
But above the resistance upside target 6570-6600


Infosys

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INFY (3404) - Already posted on 11th Oct. itself and now it surpassed the mentioned target of 3256-3356 so now it becomes support and mentioned in the same post next target 3500---3600

more than one and half month it is consolidated and yesterday it broken the upper side 
so now marching  3500---3600

BF Utilities

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Bank of India

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BANKINDIA (240) - Resistance 240-244
But trade and stays above that upside target 274-278
in between resist at  255-258
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NF (6088) - Repeatedly posted (from 21st Oct. on wards)here, " in between Resistance 6330-6360 and if not move beyond, ultimate down side target 5990-5960 with, in between, support at 6220-6190 & 6130-6150"
As posted, resisted at the mentioned level of 6330-6360 (made high 6383 on mahurat session) from there fall started and last week it almost came down to the mentioned support level of 5990-5960 (made low 6008) (target short fall 18 points), from there, last Thursday, moved up and resisted at 6138 (previously mentioned support now it become resist)

Now Support remain same at 5990-5960

Pull back Resistance 6130-6150 & 6190-6220
Trend reversal above that only.

Aurobindo Pharma

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AUROPHARMA (282) - Already posted on 11th Nov. and last Thursday it made high 283. so mentioned  target and top out level of 275-285 completed 
Mentioned break out level of 205-210 to target level of 275-285 attacked  with in 30 trading session.
 As said  in the post, it is in next Make or Break level.
So top out 275-285
but two to three positive close above that next positional target  470-480

Adani Enterprises

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ADANIENT (244) -  On 29th Oct. tweeted  regarding this stock, and  below is that embed : 
Adani Enterprises http://t.co/82u9oajh5C / mentioned resist of 205--220 remain same but above that next target 235---250
— MURUGAVEL (@murugavell) October 29, 2013

As tweeted, above 220 it moved up and on last Thursday, it made high 249 so tweeted  upside target completed.
 what next ?
Now Resistance 249--253
If not move beyond, expect correction 210 & 195-190
But trade and stays above 249-253,
 up move continue to 276-280 & 288-292

JSW Steel

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JSWSTEEL (864) - Posted on  07th Oct. when it was trading at 774 "Hold above 768-748 upside target 880-910" as posted , after this post it made low 763.10 on 09th Oct. and from their it moved up and  attacked the mentioned upside target of 880-910 (made high 886 on 01st Nov.) and  hovering around this levels more than 6 to 7 days and it corrected up to 825 on 13th Nov. and  last Thursday once again it moved up and made high 874. 

already mentioned target and resistance remain same at 880-910 
Even above that also face one more resistance at 940-955
In case if it trade and stays above the mentioned  both resistance  then it is ready for another big up move  that leads to break the all the time high . 
if it happen, will post the in between resistance. 
but now  if not move beyond the resistance then the down side target 830-815
and below that next in down side  785-770

Power Finance Corporation

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PFC (149) - Last Resistance 150-155
but trade and stays above that upside target 190-195

SKS Microfinance

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SKSMICRO (159) - Resistance 165--175 and beyond that next resist exists at 195--205
But if it cross both resistance and stays above that then ready for big up move 
target 300-310

Sesa Sterlite

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SSLT (formally SESAGOA) (191) - Posted on 26th Sep. "Support 175-170, Last hurdle 200-210" , as posted, after this post it made low 173.20 on 01st Oct (exactly mentioned support level) and made high 209.40 on 01st Nov. (again exactly mentioned  hurdle).
from 209.40 it corrected up to 183 and now trading at 191
so all mentioned levels are remain same 
that is : support 175-170 and Hurdle 200-210
***
but above that expect real big up move,  that upside target also mentioned in the same post itself. 
***