Showing posts from May 13, 2013
NF (6118) - All levels are remain same : 
Resistance 6100-6120 and above that  6170-6200 Support 5940-5920 and below that 5850-5820 (After this post, as posted it took support at 5930 on 06th may and from there it moved up and attacked the mentioned upside target on 10th and 11th may [made high 6129] )

Mahindra & Mahindra

M&M (967) -  On 06th March posted here upside target 975-990 so now it attacked the mentioned upside target when in made high 977
now what next ? 
mentioned resist of 975-990 remain same 
and even beyond also optimum it can go up to 1020  so expect correction from here 
But in case trade and stays above that expect another round of up move starts... that take it to 1110----1140


LUPIN (766) - On 21st March, posted here the upside target 735 now not only attacked the target and moved beyond also and till now made high 772.
 what next ? 
Now face Hurdle 780-800 
If it two consecutive close above this level only expect next round of up move
otherwise expect correction at least up to 720-700

Glenmark Pharmaceuticals

GLENMARK (539) - Last hurdle 550-560
But trade and stays above that then upside target 645-655