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Showing posts from October, 2014

Indraprastha Gas

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IGL (386) -  Posted on 22nd May as "Strong support at 317-312 Above that  ULTIMATE UPSIDE TARGET 422--442"


After this post, it came down and exactly took support on 29th May (made lowest low  309.35) from there, up move started and attacked the mentioned target exactly on 12th Sept. (made highest high 444). not only that, from there,correction started and up to yesterday it made low 379.10.


now what next ? 


Support and bottom out 370--350




GATI Limited

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GATI (203) -  HURDLE 206--226
But trade and stays above that 
ULTIMATE UPSIDE TARGET 400--420





Biocon

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BIOCON (457) - Posted on 30th Sept. as "face resist at 515-525" on the post date itself, it made high 511, from there fall started , as on yesterday it made low 455.75.


 what next ? 
now Support 455-445
But below that down move continue and  last hope and support 415-405
***
In case trade and stays below that then ready for big down move If it happen, will post the down side target.



Bharat Heavy Electricals

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Bank of Baroda

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Amara Raja Batteries

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AMARAJABAT (659) - Resistance 670--690
But trade and stays above that 
Upside Target 780--800





Mahindra & Mahindra Financial Services

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M&MFIN (289.50) - Now Resistance 290-297
But trade and stays above that  upside target 327-336 & 355-360




Hindustan Unilever

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HINDUNILVR (759) - Posted on 27th Aug. as "Resistance 715--735 But trade and stays above that 
ULTIMATE UPSIDE TARGET 910--930"

On the posted itself, it broken 715-735 and closed above that also , from there it went up to 772 on 25th Sept.  and gave correction and took support exactly at the mentioned level of 735-715 (made lowest low 714.20 on 13th Oct.) from there as of 23rd oct it made high 762.50. 

**


Today Q2 Result 

Now what next ? 

Resistance 770-780

above that next upside target 825-835

and afterwards already mentioned
ULTIMATE UPSIDE TARGET  of 910-930 intact.

**
Downside support 735-715 remain same.


Engineers India

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ENGINERSIN (266) -  Support 266--254

Above that Upside Target  296--308



Cipla

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CIPLA (628) - Posted on 16th Oct as "Support 575--555" as posted it took support at 575 on 16th and 17th Oct. and ason 23rd Oct it made high 633.85. 

Now what next ? 
Resistance 630-650
But trade and stays above that 
next upside target 706-726



Bharat Forge

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BHARATFORG (768) -  See the post dated 30th Sept.

Now hold above 750-730  go up to 830-850




Pidilite Industries

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PIDILITIND (409) - Posted on 10th Sept. as "It seems, correction over and yesterday bottomed out also.so now support 388-378  above that once again up move only upside target  420-430"


***

As posted, it  came down and took support exactly at the mentioned support level of 388-378 (made lowest low 377.50 on 16th Oct.) and yesterday it made high 413.50.



now slightly change the upside target 

 upside target and resistance 425-435
In case trade and stays above that
 next upside target 463--473




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The bells ring, to bring in spring. And it’s time to celebrate SAMVAT 2071. Wishing everyone the very best of health, prosperity, happiness and success in the coming days...


GAIL (India)

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GAIL (481) - Posted on 05th Aug. as "upside targets are 
442-447,  462--474
and above that ULTIMATE UPSIDE TARGET 520--540"

As on yesterday it made high 484.50
so now above 462-474 next upside target 520-540



Kalyani Steels

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KSL (156) - Hurdle 150--160
But trade and stays above that

ULTIMATE UPSIDE TARGET 280-290
AND EVEN UP TO  360-370


R. S. Software (India)

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RSSOFTWARE (667) - Hope and Support 650--625
But trade and stays below that 
downside target  450-425

**
If hold the support,  then the upside target 750-780 






SKS Microfinance

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SKSMICRO (312) - Support 310-303
Above that upside target 336--343






TVS Motor Company

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TVSMOTOR (245) - Posted on 30th  Sept. as "Support 226--216 Above that upside target 280--290 with in between resist at 242-246"

After this post, it came down and took support at 217.50 on 08th Oct. and yesterday it attacked the in between target of 242-246 (yesterday it made high 246.95)

so now above 242-246  mentioned upside target of 280--290 is due 





Union Bank of India

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UNIONBANK  (223) -  See the post dated 18th Aug. as posted repeatedly took support at the mentioned 187-177 level almost four times in the last two months (made lowest low 182.40 on 25th Sept.) and repeatedly resisted at the mentioned resist of 224-231 almost three times including yesterday high of 225.70  


what next ? 

Resist 224-228
But trade and stays above that 
upside target 258--268
with in between resist at 238-242

**
if unable to cross the resist 224-228 
then the immediate downside support exists at 210-205





Wipro

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WIPRO  (556) Posted on 08th Sept as "Resistance 582-592 above that face last resist at 610-620"


After this post, it went up and resisted at 621.90 on 07th Oct., from there, fall started and as on yesterday it made low 553.40.


now what is in ?

Support 545--530





Arvind

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ARVIND  (273) - Posted on 17th Sept. itself, as "minimum down side target 290  optimum down side target 270 and worst case down side target  and bottom out 250--240


As posted already it came down to the optimum down side target of 270 (made lowest low 264.10 on 16th Oct and last Friday it closed at 273

now what is in ? 

As posted now  support exists at 270-265 

but below that down side target  and bottom out at 250--240


time being upside capped at 305-310




APOLLO TYRES

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APOLLOTYRE (206) - Support 203--198
above that upside resistance  217-222
But below the support,  next downside target  182-178





Ambuja Cements

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AMBUJACEM (207) - Support 202-197
Resistance 217--222
Above or below only next up or down move going to happen or otherwise this is the trading range.




Allahabad Bank

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ALBK (103.30) - Resistance 105-107

But trade and stays above that  upside target  114--118
**
If not unable to move beyond 105-107 
then the down side target 94--90  &  82-80






Mcleod Russel India

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MCLEODRUSS (250) - Last hope and support 245-235
But trade and stays below that 
ULTIMATE DOWN SIDE TARGET 145-140
with in between support at 168-164



CEAT Limited

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CEATLTD (820) Posted on 09th Sept. and said as "Support 730-700 above that  ULTIMATE UPSIDE TARGET 970-1000"


After this post , from 25th sept to 30th sept. repeatedly took support at the mentioned level of 730-700 (made lowest low 724 on 25th sept.) and as on yesterday it made high 864



so now mentioned target of 970-1000  is remain same and intact.





Cairn India

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CAIRN (274) - Posted on 21st April and said as "target and  resistance 397-407 But above that ready for mega up side target. "

whereas after this post , it went up to 386 on 10th June, from there fall started as on yesterday it made recent new low 272.

Now what next ? 


Below 275--295 weak only and


Last hope and support 250--230

But trade and stays below that

ULTIMATE DOWN SIDE TARGET 100--90