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Showing posts from March 10, 2014

NIFTY FUTURE

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NF (6549) - Posted on 03rd Mar. Upper trading level capped at 6350-6400 and above that only think about next upper level, whereas, in the two trading sessions it broken and traded above that level. 

So, Now what next ? 
Hereafter, Immediate support exists at 6480-6460
But below that next good support exists at 6370-6340

Now, in this round Ultimate  up side target 6920-6940  & 6990-7010
In between resist exists at  6565-6595 & 6640-6660



Adani Enterprises

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ADANIENT (303)  - Posted on 03rd Mar. "Now Support 245-240, Above that upside target  285-290" as posted , last Friday, not only it attacked the upside target but made high 309.40 and closed at 303.

 what next ? 
Now support 297-284
above that Ultimate Upside Target 455-468
in between resist at 362-366 & 396-401





Adani Ports and Special Economic Zone

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Axis Bank

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AXISBANK (1406) - Posted on 28th Feb "Now Support 1240-1220, Above that up move continue and next upside target 1370-1390" as posted, exactly it took support at 1240 on 28th Feb (Low 1238)  itself. and last Friday it attacked the mentioned upside target of 1390 (made high 1423 and closed above the target also).
what next ? 
Now Resistance 1410-1430
But trade and stays above that up move continue to 1540-1560 and afterwards  1600-1630

But mega breakout will pan out above 1600-1630 If it happen, will post the mega upside target.






Bharat Heavy Electricals

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BHEL (184) - Support 181-175
Above that upside target 215-221
in between resist at 192-195



DLF

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DLF (167) - Face hurdle 176-186
But above that next upside target 220-230





HDFC Bank

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HDFCBANK (711) - Hurdle 725-750
But trade and stays above that upside target 920-945
in between resist at 845-860



Hindalco Industries

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HINDALCO (124) - Posted on 05th Feb. itself about its bottom out and said bottom out support 100-99 whereas it bottom out at 96 on 26th Feb., from there, non-stop rally going on, as on last Friday it made high 125.85
As for as this stock concerned, this is the biggest rally in the shortest period in the recent history. 
Now what next ?
If trade above 127-130 next upside 137-140
afterwards 165-170



ICICI Bank

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ICICIBANK (1202) - Posted on 06th Mar. "Face resistance at 1125-1140, But trade and stays above that up move continue to 1206---1236"
Last Friday(07th Mar.) it traded above 1140 and the day itself it attacked the mentioned upside target (high 1230).

Now What Next ? 
Face resistance 1240--1280
But above that ready for another up move
first upside target 1340-1360  and last Hurdle 1440-1480
But above that big break out going to pan out, if it happen, will post the mega upside target. 




LIC Housing Finance

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LICHSGFIN (223) - Hurdle 225--235
But trade and stays above that ready for mega up move
Target 277-282 &  293--300


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ITC

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ITC (338) - Above 335-330
Upside target 350-355
and afterwards 375-380






The Karnataka Bank

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KTKBANK (111) - Face Resistance 115-120
But trade and stays above that upside target 144-149




IndusInd Bank

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INDUSINDBK (444) - Any correction, down side support 430-420
Above that, marching towards 470-480
But above that ready for big up move,
 that take it to 530-540 & 570-580





JSW Steel

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JSWSTEEL (940) - Posted on 05th Feb. when it was trading at 843 "upside target 940-950" even though one day it closed below 825 (13th Feb) but next day itself it reversed and closed above 825. and last Friday it attacked the mentioned upside target, (made high 946+).

Now what next ? 
Resistance 940-950  but trade above that up move continue to 980-990 and face last Resistance at 1040-1050
Above that up move going to vigorous
Ultimate Upside Target 1400--1450
in between resist at 1288-1308




Jindal Steel & Power

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JINDALSTEL (257) - Support 255-250
Above that upside target 270-275 
and afterwards 290-295






Larsen & Toubro

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LT (1198) - Now getting ready for mega up move 
Support 1185-1155
and once cross and trade above 1226-1246
Upside  Target and Hurdle 1475--1575
But above that Ultimate upside Target 2745-2765
In between resist at 2295-2315





Reliance Capital

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RELCAPITAL (329) - Support 328-325
and trade  above 336 upside target 352-356
But beyond that next upside target 372--382





Tata Steel

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TATASTEEL (371) - Posted on 05th March , "Upside target 370-375" and as on last Friday it made high 373.40.

Now what next ?
If Move beyond 371-376, then up move continue to 392-397
But beyond that this round  Ultimate Upside Target 445-455
in between resist at 411-416






Tech Mahindra

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Wipro

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WIPRO (565) - Posted on  03rd Mar. "Support 587-581" but Last Friday it broken the support  and made low 560.
Now what next ? 
Support 564-554 If take support then upside target 581-587
But below the support, next down side target 526-520






Zee Entertainment Enterprises

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ZEEL (277) - Resistance 280-285
But above that upside  target 300-305
And above that ready for big up move. (if it happen,will post the upper side target)