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Showing posts from January 27, 2014

Punjab National Bank

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PNB (582) - trade and stays below 578-588, weak only 
for this down side target 558-554
and  below that fall continue to 518-512



Ranbaxy Laboratories

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RANBAXY (336) - Now support at 320-310
But below that Ultimate down side target  162-152
in between support exists at  255-245



Reliance Capital

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RELCAPITAL (340) - Below 336 break down 
for this, down side target  302--282



State Bank of India

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SBIN (1621) - Last hope and support 1600-1570
But trade and stays below that first down side target 1460-1440
next in down side 1230-1200
and afterwards Ultimate  down side target 1000-980
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P.N.: Respect all given levels. 

Siemens

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SIEMENS (578) - Posted on 10th Jan " Below 620 weak only,down side target  550-545,in between support 566"
After this post, it made high 614+ two to three days and last Friday it made low 575
so now mentioned down side targets are due..




Tata Steel

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TATASTEEL (376) - See post dated 06th Jan , as posted already it took support at 378-374 level and pull backed from there and now once again come down to the mentioned support level.
now what next ?
 support 372-368
but trade and stays below then 368--378 become resistance 
for this down side target 346-341