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Showing posts from August 26, 2014

Tata Steel

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TATASTEEL (512) - On 25th July posted and said resistance 579-589 , after this post it repeatedly resisted at 570-574 level and again posted on 11th Aug. and said below 546-540 down side target 512-506. 

As posted , yesterday it attacked the mentioned downside target of 512-506 (yesterday it made low 509.75) 

Now what next ? 
and in case trade below 512-506 
then last hope and support 492-482

But below that ULTIMATE DOWN SIDE TARGET  410--390



Mahindra & Mahindra

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M&M (1410) - Below is the tweet embed dated 11th Aug.


Mahindra & Mahindra http://t.co/cLhZZXCaT4 / now in case hold above 1250 and trade above 1320 next upside target 1420-1440
— MURUGAVEL (@murugavell) August 11, 2014




As tweeted, yesterday it attacked the metioned upside target of 1420-1440
 (yesterday it made high 1433.70)




Kotak Mahindra Bank

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KOTAKBANK (1044) - Posted on 06th Dec. 2013 as " target and Hurdle 803-817 But in case trade and stays above the mentioned Hurdle then ready for big up move  if it happen, will post the upper target "

After this post, it broken the hurdle on 23rd April 2014 but, missed out to post the Upside Target at that time.
Any way ULTIMATE UPSIDE TARGET 1320-1350
hereafter any correction it may take support at 930-890







Jindal Steel & Power

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JINDALSTEL (253) - Last  hope and support 231-221
trade and stays below that  ready for big down move.
ULTIMATE DOWN SIDE TARGET 114-109
with in between support at 185-180  &  165-155