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Showing posts from October 4, 2013
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NF (5966) - Yesterday posted here, "above 5800-5820 next upside target and resistance of 5960-5990" and as posted, yesterday it attacked the mentioned upside target (forget about yesterday  freak trade done(zoomed from 5900 to 5996) at 10.21 A.M. with 1 minute volume of 8.11 lakhs) but originally after 3 P.M. it made high 5976 and closed at 5966. 
now what next ? 
So mentioned target and resistance remain same at 5960-5990
but trade and stays above that next ultimate upside target 6190-6220
downside support remain same at 5820-5800 
and below that next in down side 5660-5640


Bharat Forge

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BHARATFORGE (270)  - Posted on  30th Aug. "Support 248-237 and above that upside target 307-318" after this post it made low 236.20 on 03rd Sep and from there, it went up to 267.50 on 18th Sep. and from there once again gave correction up to 243.50 on 30th Sep. and from there it is moving up and  as on yesterday it made high 276.
So the above said movements remind that as long as mentioned support maintains, mentioned upside target intact. therefore How many times it give in between correction that does not matter.
sum is : Support 248-237 and Target 307-318

Bajaj Auto

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BAJAJAUTO (2119) - Above 2050 up move only
and now stays above 2110 upside target 2210-2230
but stays above 2210-2230 next big move going to starts...
for that first upside target 2420-2450
and afterwards ultimate upside target 2720---2810

Atlas Cycles (Haryana) Limited

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ATLASCYCLE (241) - Already beautifully bottomed out at 200 level . so hereafter it won't come this price unless over all market crash heavily. 
so now support 230---200
upside target 300---325



Asian Paints

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ASIANPAINT (470) - Posted on 25th Sep. about its top out at 500  and for that expected down side correction 445-435 whereas from 490 it came down to 451 on 01st Oct and from there yesterday reversal happened. 
what next ? 
now Down side support 455---435
and Already mentioned resist of 505---525 remain same 
But in case trade and stays above 505-525 then ready for a next big up move 
if it happen, then, will post the next upside target, now as such nor require