Showing posts from March 11, 2014


BANKNIFTY (12108) - Time being Top out 12200-12400
If it so, minimum down side correction 11600-11400

But in case trade and stays above that next up side target 13300-13500
Above 13300-13500, ready for mega up move , if it happen, will post the mega upside target.

Yes Bank

YESBANK (382) - regarding this stock, tweeted on 06th Mar. and following is the embed of that  : 
YESBANK (331) - Above 330-325 marching towards 360--380
— MURUGAVEL (@murugavell) March 6, 2014

so as tweeted , yesterday, not only attacked 380 and closed above that also (made high 389.50)
Now what next ? 
Resistance 385-395 
But above that, going to Top Out  414-424
In case trade and stays above 414-24 next round of mega up move going to starts... If it happen, will post the mega up side target. 

Shriram Transport Finance Company

SRTRANSFIN (664) - Posted on 17th Feb as "Strong support 550-530" as  posted it took support exactly at 550  not one day but three days (17th Feb to 19th Feb and made lowest low 548.70) and from there it is moving up and up to yesterday it made high 672 that is Rs.123/- reward.
Now what next ? 
Strong Resistance  670-690 (last time , said Strong Support at 550-530 and this time saying Strong Resistance 670-690)
But in case trade and stay above that ready for another big up move 
that take it to 805-825 and  842-872
No need to say that otherwise once again fall from 670-690

Mahindra & Mahindra

M&M (1015) - Already posted on 28th Feb. as "Resistance 970-980, But above that next upside 1010--1030, But above that mega break out going to happen.."
As on yesterday it made high 1021
so now trade and stays above 1010-1030 then ready for mega up side move.
Ultimate Upside Target 1300-1320
in between resist at 1075-1090 & 1195-1215

Bharat Forge