MURUGAVEL

NF (5862) - Yesterday it seems topped out formation happened So today if not move beyond 5920 confirm the top out  if it so then the first down side target 5750-5710 but trade and stays above 5920  already mentioned upside target of 6080-6110 remain same. (any way this week volatile movements (assumption trading) going to happen because of  FOMC meeting and RBI meeting.so any precise numbers may not hold. )

DLF (154) - MUST READ THIS INTERESTING MOVEMENTS AND IT  HAPPENED July 18th posted here and it was in simple term " resistance 160 and target & support 122" and after this post not one time but two times exactly resisted at 160 level and supported 122 level  that is  40 rupees movements with in one and half months but in real term it is more than 150 rupees movements that is  160  on 30th July to 120 on  06th Aug from 120 it moved to 160 on 14th aug.  and  from there it came down  to 121 on 04th Sep  and again from there yesterday attacked 162 and even from there corrected  up to 149 yesterday itself so two times up and two times down so totally 4 movements and each movement it gave 40 rupees.so totally more than 150 rupees movements. now what next ? All levels are remain same  that is resistance 160 -165  and in case if it trade and stays  above resistance next in upside 200-205 and support  122 -117 and below the support next in down

BPCL (318) - Support 312-306  if hold then the upside target 344-354

BIOCON (327) - Support 327-323  But trade and stays below that down side target 295-285 in between support at  312-308