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Showing posts from May 14, 2014

AMBUJA CEMENTS

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AMBUJACEM (221)- Posted on 29th April, "Now on going fall support exists at 191-187" as posted it came down and took support at 192 on 08th and 09th May , from there, it is moving up and as on yesterday it made high 222. 
now what next ? 
Answer for this, already posted on 15th April itself. 
Below is the remind of that post.
Face Hurdle 222-225
But trade and stays above that  next round of up move going to happen

for this Ultimate Upside Target 298-302

with in between resist at 247-252 & 278-282






Ahmednagar Forgings

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AHMEDFORGE (200) - Yesterday only posted,  Upside resistance 208 

As posted , yesterday it moved from 185  and exactly resisted at 208 (that is exactly) and closed at 200

now what next ? 
Resistance of 198--208 remain same
But two positive close above 208,
Then 210-190 become support for next big rally
for this Ultimate Upside  Target  570-590
with in between STRONG resist at  290-310 and 340-350



Adani Ports and Special Economic Zone

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Adani Enterprises

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ADANIENT (478) - Posted on 10th April itself and reminded on 02nd May also. Click here to see that post. 

As posted, exactly took support at the mentioned level of 400-390 (made low 395.70 on 30th April),  from their , upward movement started and yesterday, not only attacked the target and resistance of 446-468 but moved beyond also up to 486.95 and closed above the mentioned resistance of 468 also.

Now what is in ? 
As posted already, now resistance become support that is 
Support 468-446
Above that already mentioned  next upside target of
540-560remains same.
and afterwards this round Ultimate Upside Target 660---720





Dewan Housing Finance Corporation

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Bank of Baroda

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BANKBARODA (877) - Posted on 10th April "Support 765-755, above that Ultimate Upside Target 900--925"
After this post, it made lowest low 747.55 on 15th April, from there up move started and yesterday it attacked the mentioned upside target of 900--925 (made high 914 and closed at 877)
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Now what next ? 

Resistance 880-890  & 920-930

In case if it break and trade above the mentioned resistances, next attack in upside 1040-1060
*
And above  1040-1060 ,ready for mega up move. If it happen, will post the mega upside target.

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But if not able to move above resistance  then the down side target 800-790