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Showing posts from May 20, 2014

Aban Offshore - Evening special updates....

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ABAN (679) - Posted on 15th May only "Resistance 564-577 but  trade and stays above that in this round  Ultimate Upside Target of 640-650 remain same

As posted, today it open at 578 and made low 577(that is above the mentioned resistance)  from there it moved up and  attacked the mentioned upside target of 640-650 not only that ,  it made high 687 and closed at 679.
so,  in a single day, moved  from the support of 577 to target of  650 that is more than 12% 

***


Now what next ? 

above 650-640


ULTIMATE UPSIDE TARGET 900--950
(This target, already posted on 25th Feb Itself)



hereafter any correction(worst case),  down side support exists at 580--550

Crompton Greaves

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The Karnataka Bank

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KTKBANK (140) - Posted on 10th March "Face Resistance 115-120, But trade and stays above that upside target 144-149" 


After this post, it broken and closed above 115-120 on 02nd April and afterwards it hovered around 115-120 level for the past one month and yesterday near the target(made high 142.75)


So now target and resistance 144-149


But above that next upside target 170-175








LIC Housing Finance

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Larsen & Toubro

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National Buildings Construction Corporation

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NBCC (297) - Posted on 24th Dec. "Resistance 155-160,But trade and stays above that   Ultimate upside target 290-300"


After this post. on 02nd April only it broken and closed above the mentioned resistance of 155-160
and yesterday it attacked the mentioned Ultimate upside target of 290-230 (made high 303)

So almost it doubled that to ,  in less than two  months.


so now target finished 
Any move above 290-300 bonus only 





NMDC

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NMDC (169) - Posted on 09th Dec "Resistance 145-149, but trade and stays above that upside target  170-174"

After this post, it broken and closed above 145-149 on 10th April only  and afterwards almost more than a month it hovered around 148--152 and yesterday , at last it attacked the mentioned target of 170-174 (made high 171.65) 

**
Now what next ? 

Above 170-174 next upside target 200--210







Prestige Estates Projects Limited

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PRESTIGE (194) -  Hurdle 190--210
But trade and stays above the Upside Target 280-290 
And above that ULTIMATE UPSIDE TARGET 400-420







PTC India

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PTC (85) - Support 82-79
Above that upside target  127-130





The Ramco Cements

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RAMCOCEM (270) - Hurdle  260--280
But trade and stays above that ready for big up move  in that case,

ULTIMATE UPSIDE TARGET 410----455
with in between resist at 336-346







Reliance Infrastructure

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RELINFRA (731) - Posted on 16th May "Support 575--555 Above that next upside target  678--698.
But above 678--698 ready for mega up move   If it happen, will post the mega Target Price"


As posted , yesterday, not only it attacked the mentioned upside target and moved beyond also (made high 740 and closed at 731)

***
Now what next ? 
Hereafter Support 698-678 
As long as hold above that, next 

ULTIMATE UPSIDE TARGET  1044---1144

with in between resist at 950-970

Reliance Industrial Infrastructure

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RIIL (543) - Posted on 03rd April "Resistance 430-440, But trade and stays above that Ultimate Upside Target 560--580"


After this post ,it broken and closed above 430-440 only on 13th May and yesterday it  upper freeze at 543 (earlier, second and third week of April ,exactly it resisted at the mentioned resistance level of 430-440 (unable to close above that) and corrected even up to 365  also on 05th May)

***
So now as posted Target 560-580 remain same

But in case trade and stays above that next

ULTIMATE UPSIDE TARGET  840--860

with in between resist at 735-755




Reliance Power Limited

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RPOWER (86) - Hereafter Support 83-81  and worst case support 76-74
Above that, Upside Target   106-108 & 116-120




Sadbhav Engineering

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SADBHAV (178) - Support 165-160  and Last hurdle 182-187
Above that 
ULTIMATE UPSIDE TARGET 275--290







State Bank of India

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SBIN (2568) - Posted on 31st March "Make or break level 1884-1924, But trade and stays above that this round Ultimate Upside Target 2383-2403"



Last Friday it attacked the mentioned target and today went beyond and made high 2594
**

Top out 2550-2610
But trade and stays above that 
ULTIMATE UPSIDE TARGET 3500-3650
with in between resist at  2960-3020





Siemens

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SIEMENS (933) - Posted on 16th May and mentioned extended target of 890-910 attacked and moved up beyond also (made high 939.90 and closed 933)

now what next ? 
Support 910-890
Face Strong Hurdle  940-960
But beyond that go up to 1040-1060






Shriram Transport Finance Company

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SRTRANFIN (912) - Posted on 25th April "Now going to top out any where between 850---900,But trade and stays above that ready for mega break out, If it happen, will post the mega upside target."
**

Yesterday it closed above 900 so now one more positive close above 900then ready for mega upside target 


If it so, Then Support 900---850
Above that
ULTIMATE UPSIDE TARGET  1350--1400

with in between resist at 990-1010 &  1040-1060







Sesa Sterlite

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SSLT (227) - Posted on 22nd  Jan. "two positive close above 210, if it happen, then this round Ultimate Upside Target 290-300 in between resist at 247-250  & 273-276"


Mentioned condition of two close above 210  happened now only after 4 months.


so mentioned target of 290-300  intact 








The State Trading Corporation of India

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STCINDIA (230) - Posted on 15th April  itself and mentioned upside target 245-256, as on yesterday it made high 235.
now mentioned target of 245-256 is due 
and above that marching towards 280--300






Tata Power Company

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TATAPOWER (97.70) - Hereafter Support 95--90
Above that Upside Target  113-117
and  next upside target 135--140






Union Bank of India

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UNIONBANK (202) - Posted on 31st March "Face resistance 142-146, But trade and stays above that  next upside target 184-188" 
As posted, Last Friday , not only attacked the mentioned upside target but went up to 204.90 but closed at 182.75 and today  once again made high 205 closed at 202.

**

Now what next ? 

Support 187-177 and trade above 205-210
this round  ULTIMATE UPSIDE TARGET 275--295
with in between resist at 226-231