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Showing posts from August 22, 2014

Hindustan Petroleum Corporation

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HINDPETRO (467) - Now Support 462-452  and above that upside target  475-490

But above that last,  Target and HURDLE 545-560

In case trade and stays above 545-560  then ready for very big up move ,  if it happen, will post the big target.



Hercules Hoists

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HERCULES (204) -  Posted on 22nd July as "Strong Hurdle 183--196
But trade and stays above that  then ready for big up move.
ULTIMATE UPSIDE TARGET 298--318"

***

After this post it made high and hurdled exactly at 194.90 on 22nd July itself, from there corrected up to 152 on 14th Aug. 

And yesterday it broken the hurdle and closed above that also. (made high 209.2 and closed at 204)


So now 196-183 become support 
and already mentioned 
ULTIMATE UPSIDE TARGET OF 298-318 
remain same. 





Glenmark Pharmaceuticals

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GLENMARK  (714) - Posted on 19th Aug and said "Hurdle 730-750" 

as posted it made high  749 on 20th May and as on yesterday it made low 710.
So hurdle remain same at 730-750


below that down side target 648-628












Bank of India

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BANKINDIA (289) -  On 19th Aug. tweeted regarding this stock and below is the embed :

BANKINDIA (279) - Resist 280-284 but above that upside target 300-304
— MURUGAVEL (@murugavell) August 19, 2014 .


Yesterday crossed and closed above 280-284

So now it become support and mentioned target of 300-304 is due.





Balkrishna Industries

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BALKRISHIND (738) - It seems correction over and any time ready to move up once again.

So now support 740-720
trade and stays above that  upside target 950--970
with in between resist at 830-850




Alembic Pharmaceuticals

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APLLTD  (400) -  Posted on 30th July as "above 334-343 
 upside target of 402-412"

In fact, above post was reminder of post dated 04th July and after this reminder post , it came down to 330.70  and closed at 334.85 on 01st Aug. and yesterday it made high 404.30 .  So target attacked.

so now mentioned target and resistance 402-412 remain same.

but above that upside extend to 435-440





BANK NIFTY - SPOT

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BANKNIFTY (15662) - Regarding this index, last update was on 13th May and said "Above 13500-13300 Ultimate Upside Target 18200-18900" 
After this post, it made high 15742 on 16th May and afterwards trading between 15700  to  14700 levels in the last three months. 

Now what is in ? 

Resistance 15725-15925
But trade and stays above that next upside target 17050-17250
and afterwards already mentioned   ULTIMATE UPSIDE TARGET 18200-18900  is remain same and intact.