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Showing posts from October 20, 2014

Arvind

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ARVIND  (273) - Posted on 17th Sept. itself, as "minimum down side target 290  optimum down side target 270 and worst case down side target  and bottom out 250--240


As posted already it came down to the optimum down side target of 270 (made lowest low 264.10 on 16th Oct and last Friday it closed at 273

now what is in ? 

As posted now  support exists at 270-265 

but below that down side target  and bottom out at 250--240


time being upside capped at 305-310




APOLLO TYRES

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APOLLOTYRE (206) - Support 203--198
above that upside resistance  217-222
But below the support,  next downside target  182-178





Ambuja Cements

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AMBUJACEM (207) - Support 202-197
Resistance 217--222
Above or below only next up or down move going to happen or otherwise this is the trading range.




Allahabad Bank

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ALBK (103.30) - Resistance 105-107

But trade and stays above that  upside target  114--118
**
If not unable to move beyond 105-107 
then the down side target 94--90  &  82-80